you purchase a car for $30000 with a down payment of $2000. You will make 60 monthly payments of $541 each. What is the total finance costs on this loan?

My work:

30000-2000=28000
541*60=32460
32460-28000=4460

Not sure if this is the way to go or not. Seams to simple.

Seems right to me

Not sure if this is the way to go or not. seams to simple.

Contrary to popular belief, some things actually are fairly simple. Take advantage of them. ;)

Seems right to me too.