Mathematics, 11.05.2021 04:20, daebreonnakelly
Ramesh banks at Bank A. He is buying an $11,000 car by paying $3,000 down and financing the rest for 4 years. His credit score is 680. He plans to be a teacher. He will attend State University for 4 years. He has a scholarship that pays 90% of his tuition. He estimates other expenses will be $4,000 per school year plus the payments on his car.
1. In an average month, Ramesh writes 4 checks, takes money from an ATM 4 times, and uses his debit card 8 times. Monthly bank fees are .
2. Ramesh’s monthly car payments will be.
3. For Ramesh to go to State University for 4 years, he will have to come up with $ plus his car payments.
4. Suppose Ramesh works as a teacher for 30 years. How much will he earn during his 30-year career?
Answers: 1
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Ramesh banks at Bank A. He is buying an $11,000 car by paying $3,000 down and financing the rest for...
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