Andie is purchasing a new vehicle, they are able to negotiate the price down to $31,680 (which includes title fees).  If the dealership requires 15% down, calculate Andie's loan amount. 
 
*Round your answer to the nearest whole dollar.*

To calculate Andie's loan amount, we need to subtract the 15% down payment from the total price of the vehicle.

1. **Total price of the vehicle**: \$31,680
2. **Down payment**: 15% of \$31,680

We calculate the down payment by multiplying the total price by 0.15:

\[
\text{Down payment} = 31,680 \times 0.15 = 4,752
\]

Now, subtract the down payment from the total price to find the loan amount:

\[
\text{Loan amount} = 31,680 - 4,752 = 26,928
\]

Andie's loan amount will be **\$26,928**.

Would you like more details or have any questions about this calculation?

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Here are 5 related questions to expand on this topic:
1. What would Andie's monthly payments be if the loan is for 5 years at a 3.5% annual interest rate?
2. How much would Andie save if the down payment increased to 20% instead of 15%?
3. What is the total amount Andie will pay over the loan period if she takes a loan for \$26,928 at 4% interest for 6 years?
4. If the dealership offers a discount of 5% off the price, how much would Andie pay for the vehicle?
5. What would be the new loan amount if Andie negotiated the price down to \$30,000 and still paid 15% down?

**Tip**: When negotiating prices, increasing your down payment reduces the total interest paid over the loan term!

Andie is purchasing a new vehicle, they are able to negotiate the price down to $31,680 (which includes title fees). If the dealership requires 15% down, calculate Andie's loan amount. *Round your answer to the nearest whole dollar.*

Learn how to calculate the loan amount for a vehicle priced at $31,680 with a 15% down payment. This solution uses percentage calculations and subtraction, providing a clear step-by-step explanation. Suitable for students in Grades 6-8.

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