W History Bookmarks Window Help d Loans - 21516 MAT142 Topics in College Math DERIVITA Tiana Klughart Ad2l.pima.edu DZL 5.3 Amortized Loans - 21516 MAT142 Topics in College Math Question 3 John is looking for a new car. He has a down payment of $1,750.00 and wants to pay $450.00 per month for 4 years. The best deal he found for an amortized loan is his local bank, at a rate of 2.75%. What is the highest price car he should consider buying?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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DERIVITA
Tiana Klughart
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John is looking for a new car. He has a down payment of $1,750.00 and wants to pay
$450.00 per month for 4 years. The best deal he found for an amortized loan is his
local bank, at a rate of 2.75%. What is the highest price car he should consider
buying?
7
a
$
**** --
d2l.pima.edu
%
D2L 5.3 Amortized Loans - 21516 MAT142 Topics In College Math
Activity Details
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Chapter 5.3
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Question 3 of:
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Transcribed Image Text:View History Bookmarks Bookmarks Window Help rtized Loans - 21516 MAT142 Topics In College Math DERIVITA Tiana Klughart $ CHECK ANSWER O John is looking for a new car. He has a down payment of $1,750.00 and wants to pay $450.00 per month for 4 years. The best deal he found for an amortized loan is his local bank, at a rate of 2.75%. What is the highest price car he should consider buying? 7 a $ **** -- d2l.pima.edu % D2L 5.3 Amortized Loans - 21516 MAT142 Topics In College Math Activity Details 5 СЛ Chapter 5.3 S * S C 307+ Question 3 of: ( C S
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