Cindy is buying a car from Robert for $4,500. Robert has agreed to accept a down payment of $500 and 16 consecutive monthly payments of $250 from Cindy to pay the car off. In agreement, Cindy writes up the following contract: "I agree to pay Robert a down payment of $500 in addition to 16 payments of $225 in exchange for this car." Robert reads the contract and hands it back to Cindy without signing it. Which of the following is not a change Robert should ask Cindy to make to the contract?

Question

Rosales

11 February, 04:22

+4

Answers (1)

Know the Answer?

Kristen Shepard · Answer 1

Cindy needs to change the number of payments to 17 to include the down payment.