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Purchase price: $31,600 ; sales tax: 6.5% ; license and title fees: $470 ; money credited for trade-in (subtracted from price of vehicle before taxes):

Purchase price:

$31,600

; sales tax:

6.5%

; license and title fees:

$470

; money credited for trade-in (subtracted from price of vehicle before taxes):

$12,800

; payments:

$495.92

for

72

months.

Part 1 of 4

Find the total cost of the car.

The total cost of the car is

.

Part 2 of 4

Find the amount financed.

The amount financed is

.

Part 3 of 4

Find the total installment price.

The total installment price is

.

Part: 3 / 4

3 of 4 Parts Complete

Part 4 of 4

Find the finance charge.

The finance charge is

$

.

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