Phil can afford $240 a month for five years

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August undefined, 2024

WebAnswer to 14. 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 WebNov 20, 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? Posted 2 years ago View Answer Q: Phil can afford $160 a month for 6 years for a car loan. If the interest rate is 4.6 percent compounded monthly, how much can he afford to borrow to purchase a car?

You can afford a $250 per month car payment. You

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. WebPhil can efford $170 a month for 5 years for a car loan. If the annual interest rate is 3.9 percent with monthly compounding, how much can he afford to borrow to purchase a car? Mutiple Choice $9,430.57 $9,263.50 58.396.57 s0.076.00 $10,200.00 Question Transcribed Image Text: Phil can afford $170 a month for 5 years for a car loan. sbtpg cashier\\u0027s check

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WebOct 11, 2024 · The company is offering a 5% interest rate for 36 months (3 years). ... You can afford a $1000 per month mortgage payment. You've found a 30 year loan at 7% interest.a) ... I hold M.Sc and M.Phil degrees in math and have several years of teaching experience. Previous Next > WebMar 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 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. sbtpg 2023 tax season

(Get Answer) - William can afford $240 a month for ve years for a ...

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 sbtpg compliance trainingWebDouglas 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, … sbtpg check log

"WebPhil 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? Posted 2 years ago. View Answer Q: Phil can afford $160 a month for 6 years for a car loan. ... " - Phil can afford $240 a month for five years

Phil can afford $240 a month for five years

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WebDec 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? We store cookies data … WebA: Calculation of Payoff of the Loan:The payoff of the loan is $13,492.89Excel Spreadsheet: Q: Angela Montery has a five-year car loan for a Jeep Wrangler at an annual interest rate of 6.1% and a… A: In this question we require to compute the payoff on Angela's loan after 3 years from below details:…

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WebQ: Phil can afford $240 a month for five years for a car loan. If the interest rate is 8.5 percent, how… If the interest rate is 8.5 percent, how… A: Monthly payment (P) = $ 240 Interest rate = 8.5% Monthly interest rate (r) = 8.5%/12 =… 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 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.

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. … Web18) 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? A) $11,697.88 B) …

WebPhil 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? ... WebOct 21, 2024 · 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?. See answer Advertisement pragyavermav1 Function Arguments? PV Rate 8.5%/12 = 0.007083333 Nper 5*12 = 60 Pmt -240 = -240 Fv= number Type= number = 11697.88383

WebAfter five years, Andy and Barb will both have earned the same amount of interest. E. Andy will earn compound interest. 7. This afternoon, you deposited $1,000 into a retirement savings account. The account will compound interest at 6 percent annually. You will not withdraw any principal or interest until you retire in 40 years.

WebOct 21, 2024 · 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?. See answer … sbtpg customer serviceWebYO 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 … sbtpg customer service hoursWebPhil 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? sbtpg cashier\u0027s checkWebPhil 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 Sam can afford to spend $500 per month on a car. He figures he needs half of it … sbtpg check cashingWebPhil 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 … sbtpg corporate officeWebDec 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 … sbtpg check reissue formWebRick 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 sbtpg hours of operation