human
Sarah wants to start a cupcake business and was approved for a business loan. The loan has 0% interest if she pays the entire amount back in 5 years, which she decides to do. If she put $10,000 down as a down payment and her monthly payments are $600.00, how much was her loan for (including the down payment)?
assistant
How many months will she make payments? ** To avoid interest she'll make payments for 5 years. There are 12 months in 1 year so that's 5*12 = <<5*12=60>>60 months
How much will her monthly payments be? ** Each monthly payment is $600.00 and she'll pay that for 60 months for a total of 600*60 = $<<600*60=36000>>36,000
How much was her loan for (including the down payment)? ** She also put $10,000 down as a down payment and her monthly payments came out to $36,000 so her loan was for 10000+36000 = $<<10000+36000=46000>>46,000
#### 46000