If you buy a $22,500 car for $1000 down and monthly payments of $490.85 for 54 months, how much will you pay in total for the car? Round your answer to the nearest dollar.

To find the total amount paid for the car, we need to calculate the total cost of the down payment plus the total cost of all monthly payments over 54 months.

1. **Down payment**: $1,000
2. **Monthly payments**: $490.85 per month for 54 months

To find the total amount of the monthly payments:
\[
490.85 \times 54 = 26,506.90
\]

Now, add the down payment to the total of the monthly payments:
\[
1,000 + 26,506.90 = 27,506.90
\]

Rounding to the nearest dollar:
\[
\boxed{27,507}
\]

So, the total amount paid for the car is **$27,507**.

Would you like more details or have any questions? Here are some related questions for further exploration:

1. What is the interest paid on the car loan?
2. How would the total cost change if the interest rate were different?
3. What would the monthly payment be if the loan term were extended to 60 months?
4. What is the total percentage increase over the car's original price?
5. How much would you save by paying an extra $100 monthly?

**Tip:** When calculating loan payments, always consider interest rates and terms to understand the true cost over time.

Find the total cost of purchasing a $22,500 car with a $1,000 down payment and monthly payments of $490.85 over 54 months. Learn how to apply basic arithmetic concepts to calculate the total cost, suitable for students in Grades 8-10.

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