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Solve the Problem. -In 1994 Bethany Put $740 Down on a New Jeep

Question 136

Multiple Choice

Solve the problem.
-In 1994 Bethany put $740 down on a new Jeep. She made 55 payments of $204 and spent $613 in maintenance and repairs. Four years after paying off the car she sells it for $4220. What is her net? Is it profit or loss?


A) $8353, profit
B) -$8353, loss
C) $2608, loss
D) -$8353, profit

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