Molly has a $2500 down payment saved for this purchase, and the dealer’s $1500 Cash Allowance will come straight off her total. How much loan does Molly need?

Answer:Molly's loan = $1,000Step-by-step explanation:Molly's down payment = $2500Dealers cash Allowance = $1500If dealer’s $1500 Cash Allowance will come straight off her total, the amount of loan he will need will be the difference between his down payment and the dealers cash allowance.Mollys Loan = Down payment - Cash AllowanceMolly's loan =$2500-$1500Molly's loan = $1,000