PLEASE HELPP, ILL GIVE U A BRAINLIEST How can Juan compare the amount of interest of the two plans he has been presented with? Juan will need to multiply … PLAN 1: In the first plan, Juan pays $456 for 36 months. 456 x 36 = $16,416. The cost of the car is $15,000. In order to find the interest, we have to find the difference between the total amount that Juan would pay and the cost of the car: 16,416 - 15,000 = $1,416 in interest.

PLAN 2: In the second plan, Juan pays $289 for 60 months. 289 x 60 = $17,340. The cost of the car is $15,000. In order to find the interest, we have to find the difference between the total amount that Juan would pay and the cost of the car: 17,340 - 15,000 = $2,340 in interest
1) What is the benefit to paying a higher monthly payment for less time?
2) What is the benefit to paying a lower monthly payment for longer?