Jayson buys a car and pays by installments. Each installment is $567 per month. After 48 months , Jayson owes $1250. What was the total price of the vehicle?
The total price of the vehicle is $ 28,466
Given:
The installment is $567/month
After 48 months, Jayson still owes $ 1250
Total price of the vehicle?
First step, we are going to calculate the total money for 48 months using the area model methods.
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If after 48 months Jayson still owes $ 1250, so the total price of the vehicle would be
\(=\boxed {27216 + 1250\ }\\ = \boxed {28466\ }\)
So, total price of the vehicle is $ 28,466
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Keywords: multiplication, standard algorithm, partial product, area model, total price of a vehicle, additional, three digits multiplication, two digits additional