moy03dary17
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Calculate Loan Amount
Enter the cost of the potential car, down payment, and fees below. Press calculate when you're ready.
Cost of Potential Car

Incorrect
Down Payment

Correct
Taxes and Fees

Correct
Calculate
First, we need to figure out how much you want to borrow. You said you wanted to spend $5,000, and you will put $500 down. Based on that, we can estimate your taxes to be $340. Put those numbers into the calculator and press calculate to see how much money you will need for your loan.

Respuesta :

Answer: It’s 5000 with the coma

Explanation: I tried this before and it didn’t work as 5,000 it only goes in as 5000 for some reason so just don’t put the coma

According to the question,

  • Spend to money = $5000
  • Down payment= $500
  • Taxes=$340

Formula:

  • Total Loan amout = Spend to money -Down payment + taxes
  • Total Loam amount =  $(5000-500+340)
  • Total Loan amount = $4840

Thus, the above answer is $4840.

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