Jane Doe has a job in Detroit, MI, that pays $45,550 per year.  How much can she afford to spend on a car payment per month if she sets her budget at 15% of her monthly take home pay?

Q: Hannah has $33,292 in a savings account with simple interest. If she deposited $28,700 two years…

A: NOTE: Refresh your page if you can't see any equations. . here we have  A=33292 P=28700 t=2 years

Q: A job pays an annual salary of $33,150, which includes a holiday bonus of $750. If paychecks are…

A: A job pays an annual salary of $33,150, which includes a holiday bonus of $750 and paychecks are…

Q: Corey would like to purchase a new car for $28,000.  How much will his monthly payments be if he…

A: Given that: Principal amount of loan, P=$28000TIme period of loan = 5 yearsRate of interest, r=5.75%

Q: If Tanya purchased a $1,700 set of golf clubs on a 9-month layaway plan and had to pay a monthly…

A: Given that $17000 set of golf clubs is purchased. Monthly payment is $201 and number of months is 9.…

Q: Castle has just finished his thirty-second year with his company and is getting ready to retire.…

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Q: Anna's employer covers 80% of the cost of a $5700-per-year health insurance plan, and her share of…

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Q: Madi is looking to buy a used car that will cost her $10,000. She will make a down payment of $5,000…

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Q: Scott took out a 72 month loan for $35.000 to purchase a new boat. If Scott paid $8,925 in simple…

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Q: Moira borrowed $8,700 from her grandfather to pay for her first year of college. Five years later,…

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Q: If you pay your friend 15$ each month for 20 months to repay a loan, what is the total cost of the…

A: Explanation of the answer is as follows

Q: A man bought his girlfriend a new necklace for $259. Instead of paying cash, he paid $19 down,…

A: Cost of necklace = $259 Down Payment = $19 Amount left to be paid = Cost of necklace - Down Payment…

Q: What is her monthly payment on a 2005 Jeep priced at $7000 with a 13% interest rate for a 10 year…

A: Given Initial price of jeep P=$7,000Total time t=10 years Monthly interest i=13%

Q: If the property tax on a $180,000 home is $1,080, what is the tax on a $130,000 home?

A: Lets first calculate the rate of tax. On $180,000 home the tax is $1,080 To get the tax rate,

Q: If our monthly income is $1,400 and your house payment is $1,140, what fraction of your monthly…

A: Monthly income = $1,400  House payment = $1,140 Fraction of monthly income into house payment =…

Q: On January 1, 2009, Molly owed $7,388 to her friend Juan, who was kind enough not to charge Molly…

A: Given, The amount of money Molly owed to Juan on Jan 1 2009 is =$7388 The amount of money Molly owed…

Q: As part of his contingency planning, Bill adds 20% of the contracted cost of his new roof to the…

A: Given that: Estimate of the project = $8081Contingency = 20%

Q: 5) A new one-year membership at Vista Tennis Center costs $160. A registration fee of $28 is paid up…

A: We can solve this by making equation using registration fee and membership cost.

Q: If sue borrowed $6300 from the bank , she has already paid 2/7 of the loan, whats the remaining…

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Q: If you pay the credit card company 196.80 each month in order to pay off your credit card, and it…

A: The detailed answer is given below-

Q: If the sales tax is 8.25%, how much does John have to pay for the phone at the store, before he…

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Q: Kachina Caron invested $1800 in a simple interest account and earned $36 in 3 months, what is the…

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Q: Susie is paying 594.16 every month for her 150,000 mortgage. If this is a 30 year mortgage, how much…

A: The monthly amount Susie paying per month = 594.16Total mortgage = 150,000The time period of…

Q: Juan has a goal of saving up $58,250 by making biweekly (26 per year) deposits into a savings…

A: Given Juan has a goal of saving up $58,250 by making biweekly (26 per year) deposits into a savings…

Q: THe washingtons buy a studio apartment for $240,000.00, what percentage down payment is 12,000.00?…

A: topic - percentage

Q: "Carole’s new job will pay $3,525 per month, but about 30% will be withheld for taxes. Estimate her…

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Q: a car costs $12500 and youre offered a loan that requires $800 down and a monthly payment of 228.29…

A: Monthly payments of 228.29 for 66 months contribute to 228.29*66 = 15067.14   And 800 down payment.…

Q: You took out a loan of $8,000 in 2015 at an interest of 6% simple interest. What is the total amount…

A: We have to solve the given question.

Q: In 2011, Manitoba progressive income tax rates were 10.8% on the first $31,000, 12.75% on the next…

A: Given: Tax rate is 10.8% till $31000 Tax rate is 12.75% beyond $31000 till $36000 Tax rate is 17.4%…

Q: If money is worth 14%, what payment on August 29 would be equal in value to a payment of $86,900 due…

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Q: Imelda took a loan of Php950,000 from a financial institution to purchase a TV set. If the the…

A: Formula of compound interest: A=P1+rnnt where, A= Final amount P= Initial amount r= rate of interest…

Q: Lee Sutherlin is a self-employed electrical consultant. He estimates his annual net earnings at…

A: Lee Sutherlin's net earnings is $38,100. For a self employed person social security tax and the…

Q: On January 1, 2009, Kendra owed $16,887 to her friend Joseph, who was kind enough not to charge…

A: The amount of money Kendra owed to her friend Joseph on January 1, 2009 is $16,887. The amount that…

Q: rett put a $410 item on layaway by making a down payment of 16% of the purchase price. How much does…

A: A down payment is an initial payment made by a buyer for the purchase of an item or service on…

Q: A state legislature plans 10% motor vehicle tax cuts for each of the next 3years. What will the…

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Q: If a car priced  at $17,305 is offered for nothing down with 60 monthly payments of $397.63, what is…

A: Given Information -  Cost of the car = $17,305 Monthly payments to clear the debt = $397.63 Number…

Q: Sammy wants to buy a new stereo priced at $436. He enters into an agreement to pay $21 a month for…

A: GIVEN: Sammy wants to buy a new stereo priced at $436. He enters into an agreement to pay $21 a…

Q: A family purchased a washer for $496. If they paid 25% down and agreed to pay the remainder in…

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Q: Pamela Mello is paid on an incremental commission schedule. She is paid 2.9% on the first $60,000…

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Q: Dobby borrowed $5,000 to start a foundation for recently freed house elves. If he pays the money…

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Q: A distributor has a rate of markup of 35.00% on cost of its textbooks. If it sells each textbook for…

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Q: If the manufacturer sells 310 printers, how much should it expect to pay in refunds?

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Q: Daniel paid $825 simple interest on a $1,400 loan for 5 years. What was the interest rate?

A: Here we have to find the interest rate i.e 'r'.

Q: A family has an annual income of $33, 000. How much is their monthly income? Their monthly income is…

A: A family has an annual income of $33,000. How much is their monthly income?

Q: How much should be the Engineer borrow from a bank that charges 10% simple discount for 6 months if…

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Q: Jackie has a saving account that promises to increase her balance by 1.5% per year. If she deposits…

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Q: Dave purchased a $22,000 life insurance policy at the price of $26 per $1000 of coverage. If he pays…

A: Dave purchased a $22,000 life insurance policy at the price of $26 per $1000 of coverage. If he pays…

Q: Mr. Samson received annual salary of ₱30,000. At the end of the year, what would be his 13th month…

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Q: If the sales tax rate is 5% GST and 7% PST in BC, then how much would you pay in Vancouver for a…

A: Given: The sales tax rate is 5% GST and 7% PST in BC. The cost of a coat is $120.00.

Q: A land developer declared a dividend of P25,000,000 for its common stocks. Suppose there are…

A: Solution is given below:

Q: If you pay $5,500 for a simple interest note that will be worth $6,000 in 21 months, what annual…

A: topic - percentage