If I can afford $420 a month for a car over the course of 6 years with an interest rate of 6.9% how much can I afford for a new car?

Q: Mr. Quijano decided to sell their farm and to deposit the fund in a bank. After computing the…

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Q: Your uncle still wouldn't help you after you found your new job. The bills are right this month, so…

A: Solution:- Your uncle still wouldn't help you after you found your new job. The bills are right this…

Q: Suppose you’d like to save enough money to pay cash for your next used car. The goal is to save an…

A: Given that, to save an extra $8000 over the next three years.To find the amount of monthly payments…

Q: Suppose you have budgeted $ 1130 a month towards a mortgage. If you are offered a 30 year mortgage…

A: Given that, the monthly payment towards a mortgage is $1130, the number of years is 30 years and the…

Q: You want to be able to withdraw $40,000 from your account each year for 25 years after you…

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Q: Chapter 9.4, Question 8 What single payment today would replace a payment of $5000 in one year and…

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Q: If you purchase a $600 item and pay for it with monthly installments for 2 years, the monthly…

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Q: A recent high school graduate is taking out a 2,500$ loan to pay for a technical education program.…

A: A recent high school graduate is taking out a 2,500$ loan to pay for a technical education program.…

Q: You want to be able to withdraw $50,000 from your account each year for 25 years after you retire.…

A: Given that, You want to be able to withdraw $50,000 from your account each year for 25 years after…

Q: A loan of 750000 needs to be paid in annual installments by the end of every year. The interest rate…

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Q: If $600 is borrowed and the interest after 24 months is $120, what is the annual interest rate for a…

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Q: What interest will be charged on a $1200 loan for 9 months if the rate is 12%simple interest

A: In the given question we have to calculate the simple interest on $1200 loan for 9 months at the…

Q: Suppose you see a car with a car with an advertised price of $14,500 at $410.83 per month for 4…

A: Given, Advertised price $14,500 at $410.83 per month for 4 years.

Q: You want to be able to withdraw $45,000 from your account each year for 30 years after you retire.…

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Q: if $3500 earned simple interest of $153.13 in 7 months, what was the simple interest rate

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Q: A contractor has $650 worth of electrical material on the shelf in stock for 3 consecutive years. If…

A: Where A is the amount after time t P is the initial investment R is the rate of interest t is the…

Q: Dick and Jane are getting ready to purchase a new home. they are looking to take out a 30 year lone…

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Q: You want to lease a condominium. The lease costs P220,000 this year and it will increase by 5% a…

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