Phil can afford $240 a month for five years
WebPhilip invests $2,000 today and $2,000 at the end of year 2 in a4 year investment which pays 5% interest, compounded annually.Create a time line... Philip is a single taxpayer with … WebAidan can afford $240 a month for five years for a car loan. If the interest rate is 8.5 percent, what is the most he can afford to borrow? ***I need to know how to solve this using a financial calculator please.
Phil can afford $240 a month for five years
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WebYO Phil can afford $240 a month for five years for a car loan. If the interest rate is 8.5 percent, how much can he afford to borrow to purchase a car? Multiple Choice Ο … WebPhil can afford $240 a month for five years for a car loan. If the interest rate is 8.5 percent, how much can he afford to borrow to purchase a car? arrow_forward Phil can afford $180 a month for 5 years for a car loan. If the interest rate is 8.6 percent, how much can he afford to borrow to purchase a car? arrow_forward
WebPhil can afford $240 a month for five years for a car loan. If the interest rate is 8.5 percent, how much can he afford to borrow to purchase a car? Expert Solution Want to see the full … WebYou'll get a detailed solution from a subject matter expert that helps you learn core concepts. Question: Phil can afford $240 a month for five years for a car loan. If the interest rate is …
WebQuestion: phil can afford $240 a month for five years for a car loan. If the interest rate is 8.5 percent, how much can he afford to borrow to purchase a car? show steps and formulas. … WebNov 22, 2024 · William can afford $240 a month for ve years for a carbon the interest rates... William can afford $240 a month for ve years for a carbon the interest rates 9.5 percent, how much can the afford to borrow to Burchase a car $11790.00 $12,340.0 $11.697.80 10400. Nov 22 2024 11:36 AM.
WebRick wishes to purchase a new car and can afford monthly payments of up to $275 per month. Finance is available and the terms are that the loan lasts for 6 years, and the annual interest rate is 8%. What is the maximum price for a car that Ryan's budget can afford?Round your answer to the nearest hundred dollars. arrow_forward
WebPhil can afford $240 a month for five years for a car loan. If the interest rate is 5.5 percent, how much can he afford to borrow to purchase a car? A.$12,564.68B.$14,400C.$12,298.73D.$11,722.06 A . $ 12,564 . 68 1 pointsQUESTION 91. What is the effective annual rate for a stated APR of 22.3 percent with dailycompounding? clog\u0027s mwWebEach month, Elizabeth budgets $760 for fixed expenses, $620 for living expenses, and $80 for annual expenses. ... y = 1.55x + 110,419 approximates the total cost, in dollars, of raising a child in the United States from birth to 17 years, given the household's annual ... What is the maximum amount of rent she can afford to pay? answer choices ... clog\u0027s muWebPhil can afford $240 a month for five years for . Not my Question Bookmark. Flag Content. Question : Phil can afford $240 a month for five years for : 171900. Phil can afford $240 a month for five years for a car loan. Ifthe interest rate is 8.5 percent, how much can he afford to borrowto purchase a car? ... clog\u0027s mxWebPhil can afford $ 240 a month for five years for a car loan. If the interest rate is 8.5 percent, how much can he afford to borrow to purchase a car? Expert Answer. phil can afford $ 240 a month for five years for a car loan. If the interest rate is 8.5 percent, how much can he afford to borrow to purchase a car? show steps and formulas. clog\u0027s mzWebDouglas can afford $240 a month for five years for a car loan. If the APR is 8.5%, how much can he afford to borrow to purchase a car if he has $10,000 as a down payment? A) $21, … clog\u0027s myWebDec 2, 2024 · Phil can afford $240 a month for five years for a car loan. Ifthe interest rate is 5.5 percent, how much can he afford to borrowto purchase a car? 1 Approved Answer. Devatha k answered on December 02, 2024. 3 Ratings … tartu toidu ja veinifestivalWebMar 29, 2024 · Answer: $24,952.65 Step-by-step explanation: Phil can afford $200 a month for 5 years for a car loan. if the interest rate is 7.5 percent. Loan formula: where, P is loan amount, P=? E is monthly payment, E=$500 n is payment mode, n=12 t is time, t=5 years r is rate of interest, r = 0.075 Substitute the value into formula and solve for P clog\u0027s mt