b. his new car payment will be $288 each month for five years. estimate the total of these payments. 12…

b. his new car payment will be $288 each month for five years. estimate the total of these payments. 12 months each year

b. his new car payment will be $288 each month for five years. estimate the total of these payments. 12 months each year

Answer

Explanation:

Step1: Calculate total months

The payment is for 5 years and there are 12 months in a year. So the total number of months $n = 5\times12=60$ months.

Step2: Calculate total payments

The monthly payment is $288. To find the total of all payments, we multiply the monthly - payment by the total number of months. So the total amount $A=288\times60$. We can estimate $288\approx300$, then $A\approx300\times60 = 18000$. If we calculate exactly, $288\times60=(300 - 12)\times60=300\times60-12\times60=18000 - 720=17280$.

Answer:

$17280$