Reggie purchased a car costing $8700. As a down payment he used a $2300 insurance settlement and an amount from his savings equal to 15% of the difference between the cost of the car and the insurance settlement. if he borrowed the rest of the money needed to purchase the car, how much did he borrow?
a) $ 6,400
b) $ 6,055
c) $ 5,440
d) $ 5,095
e) $ 3,360
please help me out with the above problem.
thank you!
a) $ 6,400
b) $ 6,055
c) $ 5,440
d) $ 5,095
e) $ 3,360
please help me out with the above problem.
thank you!
