There are twelve months in a year, and he pays $1000 a month, so we get [tex]\$1000*12 = $12,000[/tex] spent in a year. He originally needed to spend $36,000, so he has [tex]\$36,000-\$12,000 = \$24,000[/tex] left.
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Answer:
He payed 12,000 in one year
John has to pay $24000
Step-by-step explanation:
Car cost = $36,000
He gave Monthly = $1000
How much money did he give in a year?
1 year = 12 months
So
$1000 x 12 = 12,000
How does he have balance?
$36,000 - $12,000 = $24,000
John payed $12000 in one year, and has to pay $24000 more to own the car.
Hope you understand
:-)
