document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1203925>Question 1203925</A>: <I><SPAN STYLE=\"word-break: break-all;\"> you can afford a $350.00 per month car payment. you can get a loan at 7% interest for 6 years. (hint: include the $ sign and round to the nearest cent. 2 decimal places after the decimal point)  A) how expensive of a car can you afford? i can afford a car that costs              B) how much total money will you pay the loan company the total of all my payments will be           include the dollar sign $   C)how much of that money is interest  the amount of that money that is interest will be             include the dollar sign $ </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #839854 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=839854\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> you can afford a car that's $20,529.06.<BR>\n" );
document.write( "the payment is $350 at the end of each month.<BR>\n" );
document.write( "the length of the loan is 6 years * 12 = 72 months.<BR>\n" );
document.write( "the interest per month is 7/12 = .58333333...% per month.<BR>\n" );
document.write( "the time periods are in months because the yearly interest rate is compounded monthly.\r<BR>\n" );
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document.write( "here are the results from using the calculator at <a  rel=nofollow HREF= \"https://arachnoid.com/finance/\" target = \"_blank\">https://arachnoid.com/finance/</a>\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" src = \"http://theo.x10hosting.com/2023/092702.jpg\">\r<BR>\n" );
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document.write( "A) <BR>\n" );
document.write( "how expensive of a car can you afford? i can afford a car that costs?\r<BR>\n" );
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document.write( "$20,529.06\r<BR>\n" );
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document.write( "B) how much total money will you pay the loan company the total of all my payments will be include the dollar sign $?\r<BR>\n" );
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document.write( "72 * $350 = total payments of $25,200.\r<BR>\n" );
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document.write( "C)how much of that money is interest the amount of that money that is interest will be include the dollar sign $\r<BR>\n" );
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document.write( "total interest payed = $25,200 minus $20,529.06 = $4,670.94\r<BR>\n" );
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document.write( "in the calculator, loan amount is present amount, shown as positive because it's money that you received, and monthly paymebnt is shown as negative because it's money that you spentt. </SPAN>\n" );
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