2018 June(A11) Math Question 10

Word Problems

- Fixed Cost + Variable Cost

10. Diego purchased a car that had a purchase price of $13,400, which included all other costs and tax. He paid $400 as a down payment and got a loan for the rest of the purchase price. Diego paid off the loan by making 48 payments of $300 each. The total of all his payments, including the down payment, was how much more than the car’s purchase price?

Choice G

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