you finance a car for 22,048 you had a trade in of 5,000 sales tax of 1,248 was added the dealer offered a 2,000 rebate that was applied to the cost of the car how much did the car cost
You trade in and rebate amounts reduced the price you have to finance, while the sales tax added to the amount to be financed.
Cost+1248 Sales Tax= Amount needed to be paid
- 2000 Rebate-5000 Trade in=
22048 Amount to be financed
Cost+1248-2000-5000=22048
Cost-5752=22048=27800
