Title: Loan for a Used Vehicle
Course: My First Car - Algebra

Repeat this process for the used vehicle. However, you are not putting a down payment of $2000. You are looking for 100% financing.

Click on the Loan for a Used Vehicle link below and follow the directions to determine the best choice for purchasing a car.

Use the following format:

3 Year Interest Rate =
3 Year Loan =
Total Price after 3 Years =
Monthly Payment for a 3 Year Loan =
Total interest paid for a 3 Year Loan =

4 Year Interest Rate =
4 Year Loan =
Total Price after 4 Years =
Monthly Payment for a 4 Year Loan =
Total interest paid for a 4 Year Loan =

5 Year Interest Rate =
5 Year Loan =
Total Price after 3 Years =
Monthly Payment for a 5 Year Loan =
Total interest paid for a 5 Year Loan =

Put your answer in the box below.

Loan for a Used Vehicle