Bird Burton
09/16/2023 · Junior High School

To pay for an \( \$ 18,500 \) motorcycle, Chris made a down payment of \( \$ 4500 \) and took out a loan for the rest. On the loan, he paid monthly payments of \( \$ 309.89 \) for 4 years. \( \begin{array}{ll}\text { (a) } \begin{array}{l}\text { What was the total amount chris ended up paying for the motorcycle } \\ \text { (including the down payment and monthly payments)? } \\ \$ \square\end{array} \\ \text { (b) How much interest did Chris pay on the loan? }\end{array} \)

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(a) The total amount Chris paid for the motorcycle is \( \$19,355.12 \). (b) The interest Chris paid on the loan is \( \$855.12 \).

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