You are looking to buy a car. You can afford $650 in monthly payments for five years. In addition to the loan, you can make a $750 down payment. If interest rates are 8 percent APR, what price of car can you afford (loan plus down payment
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You are looking to buy a car. You can afford $650 in monthly payments for five years. In addition to the loan, you can make a $750 down payment. If interest rates are 8 percent APR, what price of car can you afford (loan plus down payment
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- You are looking to buy a car. You can afford $460 in monthly payments for four years. In addition to the loan, you can make a $1100 down payment. If interest rates are 7.25 percent APR, what price of car can you affordYou are looking to buy a car. You can afford $650 in monthly payments for five years. In addition to the loan, you can make a $750 down payment. If the interest rates are 8 percent APR, what price of car can you afford?You can afford a $200 per month car payment. You've found a 3 year loan at 3% interest. How big of a loan can you afford?
- You are looking to buy a car. You can afford $600 in monthly payments for five years. In addition to the loan, you can make a $700 down payment. If interest rates are 9.25 percent APR, what price of car can you afford (loan plus down payment)? Note: Do not round intermediate calculations and round your final answer to 2 decimal places.You want to buy a new car. You can afford payments of $250 per month and can borrow the money at an interest rate of 3.8% compounded monthly for 3 years. How much are you able to borrow? Hint: click here If you take the loan, How much interest will you pay total?You determine you can afford $300 per month for a car. What is the maximum amount you can afford to pay for a car if the interest rate is 9% and you want to repay the loan in 5 years?
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- You have decided to buy a car that costs $25,800. Since you do not have a big down payment, the lender offers you a loan with an APR of 6.01 percent compounded monthly for 6 years with the first monthly payment due today. What is the amount of your loan payment?you can afford a $350 per month car payment. you found a three-year loan at 7% interest. how big of a loan can you afford?You want to buy a new car. You can afford payments of $250 per month and can borrow the money at an interest rate of 3.2% compounded monthly for 5 years.How much are you able to borrow?How much interest do you pay?