Mathematics, 16.10.2021 01:20 kelechikamalu1

You want to buy a new car. You can afford payments of $450 per month and can borrow the money at an interest rate of 3.3% compounded monthly for 5 years.
How much are you able to borrow?
How much interest do you pay?

Answers: 1

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You want to buy a new car. You can afford payments of $450 per month and can borrow the money at an interest rate of 3.3% compounded monthly for 5 years. How much are you able to borrow? How much interest do you pay?

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Another question on Mathematics

You want to buy a new car. You can afford payments of $450 per month and can borrow the money at an interest rate of 3.3% compounded monthly for 5 years.
How much are you able to borrow?
How much interest do you pay?