A car dealer offers Lachlan a car that is priced at $21,800, but he only has a $600 deposit. Lachlan trade in is actually worth $500. The finance company insists on a 10% deposit for a 22% flat rate deal, so the dealer inflates the prices of both the trade-in and the car purchased What are the inflated prices, and what is the monthly repayment to pay of the car in 4 years?
Monthly payment rounded to the nearest dollor
First number is 0
Answers in the comments. Yes, there will be a quiz at the end.
[H/T: Next Impulse Sports]