Posted by **sharone** on Sunday, November 28, 2010 at 2:42pm.

You want to buy a car but the price of $22000 is a bit steep. You are willing to put down $3000 and finance it over 5 years; however, you are restricted to no more than $325 per month. The interest rate is 6% per year. What is the price you can afford to pay for the car?

## Answer This Question

## Related Questions

- Algebra - Jane agrees to buy a car for a down payment of $4000 and payments of $...
- Finance - Debbie Snyder has just graduated from college and needs to buy a car ...
- math - George makes a $1000 down payment for a car and then pays $325 per month...
- Finance - Sam wants to buy a car for $35000. How much does she need to put into ...
- math - Ed buys a car on credit . He makes a down payment of $1,500 and pays $250...
- Finance Math - Jane made a down payment of 1500 dollars toward the purchase of a...
- Finance - After deciding to buy a new car, you can either lease the car or ...
- business - As part of your financial planning, you wish to purchase a new cat ...
- Finance - Rob and laura wish to buy a new home. The price is $187,500 and they ...
- math - Debbie Snyder has just graduated from college and needs to buy a car to ...

More Related Questions