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nth Term of A.P

You purchase ...

Question

You purchase a car making a down payment of $3, 000 a n d 6 m o n t h l y p a y m e n t s o f$ 225. How much have you paid so far for the car?

$3225

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$4350

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$5375

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$6550

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$6398

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Solution

The correct option is B $4350
We have to pay down payment of 3000 $a n d$ $225$ per month for duration of $6$ months
Total money paid so far is $3000 + 225 \times 6 =$ 4350$

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