Mathematics, 08.04.2020 21:09, lexie2439

Derrick wishes to purchase a new car and can afford monthly repayments of up to $200 per month. Financing is available, and the terms of the deal are that the loan lasts for 5 years, and the annual interest rate is 19.9%. What is the maximum price for a car that Derrick's budget can afford?

Round your answer to the nearest hundred dollars.

Do NOT round until you have calculated the final answer.

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 16:00, edjiejwi

If myesha works overtime, she gets paid "time and a half" for every hour she works. in other words, for every hour over 40 hours myesha works each week, she gets her hourly pay plus half her hourly pay. what is myesha's pay per hour when she works overtime?

Answers: 1

continue

Mathematics, 21.06.2019 19:30, spotty2093

Your food costs are $5,500. your total food sales are $11,000. what percent of your food sales do the food costs represent?

Answers: 2

continue

Mathematics, 21.06.2019 19:30, mostman077

Solve the following inequalities and show the solution on a number line. 3/4 (2x-7) ≤ 5

Answers: 1

continue

Mathematics, 21.06.2019 23:30, cahree

Drag each equation to the correct location on the table. for each equation, determine the number of solutions and place on the appropriate field in the table.

Answers: 3

continue

Do you know the correct answer?

Derrick wishes to purchase a new car and can afford monthly repayments of up to $200 per month. Fina...