SOLUTION: Tia is buying a car. She can make a down payment of $1200. She wants to pay off the car in two years. She cannot afford monthly payments over $250 what is the most she can pay for
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Question 1013698: Tia is buying a car. She can make a down payment of $1200. She wants to pay off the car in two years. She cannot afford monthly payments over $250 what is the most she can pay for the car.
I need to define the variable which I assumed is x=highest price
Answer by fractalier(6550) (Show Source): You can put this solution on YOUR website!
If we call the price she pays x and not consider any interest on the car loan, she can pay a maximum of (two years = 24 months)
x = 1200 + 24(250) = $7200
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