What price of car can you afford


You are looking to buy a car. You can afford $460 in monthly payments for four years. In addition to the loan, you can make a $1,100 down payment. If interest rates are 7.25 percent APR, what price of car can you afford?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: What price of car can you afford
Reference No:- TGS0723981

Expected delivery within 24 Hours