SOLUTION: Find a vehicle that you would like to own on the internet. Paste a picture or screen shot that includes the following: i) Picture of the vehicle. ii) Sale price of the vehicle.

Algebra ->  Average -> SOLUTION: Find a vehicle that you would like to own on the internet. Paste a picture or screen shot that includes the following: i) Picture of the vehicle. ii) Sale price of the vehicle.      Log On


   



Question 1038393: Find a vehicle that you would like to own on the internet. Paste a picture or screen shot that includes the following:
i) Picture of the vehicle.
ii) Sale price of the vehicle.
(ANY CAR YOU WANT)
Sale price of the car = $
DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT


c) If the dealership you are buying the car from is offering 6% interest on a 5 year loan, what will your monthly payment be? Remember to use the sale price from Part b above.
Monthly payment = $.
DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT. Round your answer to 2 decimal places as needed.


d) How much would you actually pay for the car over 5 years?
Total amount paid for car = $.
DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT. Round your answer to 2 decimal places as needed.


e) How much interest would you pay over 5 years?
Amount of interest = $.
DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT. Round your answer to 2 decimal places as needed.


f) What would the monthly payment be if you pay the car off over 6 years with the same interest rate?
Monthly payment = $.
DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT. Round your answer to 2 decimal places as needed.


g) How much would you actually pay for the car over 6 years?
Total amount paid for car = $.
DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT. Round your answer to 2 decimal places as needed.


h) How much interest would you pay over 6 years?
Amount of interest = $.
DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT. Round your answer to 2 decimal places as needed.

Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
I can't do math without commas.