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How much would Karen finance on her new car if she paid 20 percent down on a 14564 car?
Wiki User
∙ 12y ago
If she paid 20% down, she would finance the other 80% .
0.8 x 14,564 = $11,651.20
(She should be careful not to forget about tax, title, license, dock fee, etc.)
Wiki User
∙ 12y ago
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How much would a buyer finance on her new car if she paid 20 percent down on a car costing 14564 dollars?
The amount financed is the amount remaining afterthe payment of the down payment.Here, you can either calculate the down payment and subtract form the total price, or simply multiply the total by the remaining percentage (80%).The down payment is therefore (14564 x .20) = $ 2912.80Which leaves the remainder (14564 x .80) of $ 11651.20
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