You are looking for a car to lease. Your income is $3,000 per month, and you know that you should not spend more than 20 percent of your income on a car payment. You have found four deals in the table below. options Location Monthly Rent Toyota Camry $400 Lincoln MKZ $660 Ford Fusion $380 BMW 740 $720 Instructions: In order to receive full credit, you must make a selection for each option. For the correct answer(s), click the box once to place a checkmark. For the incorrect answer(s), click the option twice to empty the box. Suppose you adhere to the 20 percent guideline but also receive a $100 monthly allowance from your parents towards your car payment, which option(s) fall within your budget? Group of answer choices Toyota Camry Lincoln MKZ Ford Fusion BMW 740

Q: Elizabeth went on a fabulous vacation in May and racked up a lot of charges on her credit card. When…

A: Average Daily Balance = sum of (Daily balance * no. of days) / total number of days

Q: Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500…

A: The loan is the amount of money which would result in the amount of money borrowed and used for…

Q: Ted's car is now worth $9000, which is 60% of what he paid for it. What did he pay for his car?

A: Present worth is present value or value for now which is calculated after wear and tear,depreciation…

Q: The table shows a private open economy. All figures are in billions of dollars. Real GDP C+ lg Net…

A: The real GDP refers to the total goods and services produced in an economy in a given fiscal…

Q: Make flow chart of type of budget?

A: budget is a estimate expense and income for certain period of time

Q: Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest.…

A: We know that the economic profit is the difference between the total sales revenue of output and the…

Q: Suppose that Ruby's employer offers a retirement plan. Ruby decides to invest $350 per month into…

A: A savings plan is a kind of insurance plan in which individuals can accumulate the funds that they…

Q: In a business Finance/Budgeting situation, create a budget for month-long vacation trip to Australia…

A: The technique of controlling one's income and expenses in order to meet financial objectives is…

Q: Calculate the value of savings if APS is 0.45 and income is $1200

A: In the above question, we are given with the values as:- Average propensity to save = 0.45 Income =…

Q: What are some common examples of expenses?

A: To generate revenue, the business organizes many activities. The cost of doing these activities are…

Q: Joe just completed his engineering degree and started to work for an engineering firm. Joe wants to…

A: Given that,   Annual deposit: $5,000 Future value: $3,954,750 No. of years: 30 years

Q: Luis and his best friend Faith want to spend as much time as possible at the local amusement park…

A: The objective of the question is to find out how much Faith will owe Luis after they buy season…

Q: On November 4, you get a boat loan.  Your first payment is due December 4.  You write out your check…

A: TVM refers to the concept that a sum of money is value more now than the same sum will be at a…

Q: Find the savings if the income is $8443 and the consumption is $4022

A: Here, given information is: Income: $8443 Consumption: $4022 To find: savings

Q: A contractor estimates maintenance costs for a new backhoe to be $275 for the first month with a…

A: Both the alternatives are analyzed separately (a) Maintenance cost We need to calculate the Present…

Q: Sara has health insurance with a $2,000 annual deductible, a $3,000 stop loss provision and 80/20…

A: Insurance refers to a type of financial product intended to shield people and businesses from the…

Q: 35. If you know that you can afford a $500 per month car payment for the next 48 months, the…

A: Answer: option c (Be able to afford something less than a $24,000 car) Explanation: If a person can…

Q: Jasmine was interested in how many days it would take an order from Amazon to arrive at her door.…

A: Given; Total number of shipment= 19 shipments Number of shipments arrived on day 1= 4 Number of…