Andy wants to buy a car that costs $22,750. The dealership will finance the car for 5 years, at 4.95%, with a 15% down-payment. What is the Down Payment?

Q: Jeremy gets a 4-year simple interest loan from the local bank. If the loan is for $8,938 and the…

A: Given: Jeremy gets a 4-year simple interest loan from the local bank. The loan amount is $8,938 and…

Q: Find the total cost of the down payment at 10% the cost of your house.   House is 170,000

A: Given cost of the house is $170,000 down payment is 10%

Q: Brad decides to purchase a $205,000 house. He wants to finance the entire balance. He has received…

A: The objective of this question is to calculate the total cost that Brad will incur if he takes all…

Q: You decide to save for a car costing $1200 (You are a big spender). You want to make deposits for 24…

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Q: Noah sees a pair of shoes he wants to buy. The shoes have an original price of $40 but are $10 off…

A: Given,The shoes have an original price of $40 and $10 off this week.

Q: andy wants to buy a car that costs $28,750. The dealership will finance the car for 4 years, at…

A: To calculate the down payment of the car.

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: Matt bought a boat for $15,000. This is a simple interest loan at 5.5% for 10 years. What is the…

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Q: Peter is buying a house for 450,000 with a 10% down payment.  What are the closing costs and down…

A: Peter is buying a house for $450,000 with 10% down payment and bank charges $5421 hence total cost =…

Q: Sammy wants to buy a house that is priced at $120,000 on the marker. He wants to put 10% down as a…

A: Price of house = $120,000 Down payment = 10% of the house price.

Q: Steven wants to buy a new couch priced at $558 and agrees to pay for it over two years with a…

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Q: James wants to buy a car that costs $14,550. The dealership will finance the car for 5 years, at…

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Q: Morgan loaned $3,100 to Rolf at a simple interest rate of 0.65% per month. What was the  term of the…

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Q: Wayne Pinski wishes to buy a stove and a refrigerator from an appliance dealer. The cost of the two…

A: Consider that the combined price of the two items is, $2800 down payment is  $700 Therefore, the…

Q: Hui purchased a 91-day T-Bill that has a face value of $1000 and an interest rate of 4.00% p.a. a.…

A: Given, Interest Rate R=4.00%=0.04 Face Value = $1000 91 days T-bill

Q: You can afford a $200 per month car payment. You've found a 3 year loan at 4% interest. How big of a…

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Q: You can afford a $250 per month car payment. You've found a 4 year loan at 6% interest. How big of a…

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Q: Tabitha had to pay her friend $1,200, 4 months ago and he has to pay $670 in 4 months. If her friend…

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Q: Dr. Seals had to borrow $12000 to pay for college to get her doctorate degree. She agrees to a…

A: Given,  Principal = p = $ 12000  Rate of interest = r = 8%  Time period = n =  2  years    We have…

Q: Steven wants to buy a new couch priced at $705 and agrees to pay for it over two years with a…

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Q: Ellen is looking to purchase a car.  She determines that she can afford a monthly payment of $325.…

A: To determine the cost of car that Marie can afford.

Q: Wayne Pinski wishes to buy a stove and a refrigerator from an appliance dealer. The cost of the two…

A: Total cost of stove and refrigerator is $2800 down payment is $600. So remaining cost to be paid is…

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: Sally and her family are looking into purchasing a home. The total cost is $260,000. They can afford…

A: Given that The total cost is $ 260,000 . down payment is $25,000The present value PV = The total…

Q: The price of a car is $25,000. You have saved 25% of the price as a down payment. After the down…

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Q: Mr. Smith buys a television that is listed for $1500. He pays $500 down and pays the balance in 12…

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Q: You buy a house for $280,000 and pay $25,000 down.  The rest is financed for 30 years at 6.5%…

A: Here, Value of House is $280,000 Down Payment is $25,000 Loan Amount (PV) is: Interest Rate (Rate)…

Q: a repa

A: Kara makes a monthly payment of = $175

Q: You can afford a $400 per month car payment. You've found a 4 year loan at 6% interest. How big of a…

A:

Q: You can afford a $250 per month car payment. You've found a 3 year loan at 4% interest. How big of a…

A: The objective of this question is to find out the total loan amount that can be afforded with a…

Q: You can afford a $250 per month car payment. You've found a 3 year loan at 4% interest. How big of a…

A: The objective of this question is to find out the total loan amount that can be afforded with a…