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Martin purchased a new truck for $15,000 on an installment plan. He agreed to pay $300 monthly for 5 years with a down payment of $500. What is the deferred payment price for Martin’s truck?

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The Business Mathematics DSST covers what you would learn during a single semester of a Business Math college class.

The DSST Business Mathematics exam covers the following topics:

Number sense
Algebraic Concepts
Statistics
Business Applications
Financial Mathematics.

The Business Applications section comprises 50% of the exam questions, including topics such as index numbers, interest, depreciation, taxes, cost calculations, investment performance measures, and cost minimization, among others.


Martin purchased a new truck for $15,000 on an installment plan. He agreed to pay $300 monthly for 5 years with a down payment of $500. What is the deferred payment price for Martin’s truck?






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