# math 101

posted by .

al flynn wants to buy a van that cost 16,000 with an interst charge of 2,000. Al figures he can afford a monhtly oayment of 700 per month, If there aew 24 equal payments required could al afford the van.

• math 101 -

18,000 / 24 = ?

## Similar Questions

1. ### Finance

Conduct Break-Even Analysis in the following two scenarios: R Squared is a mobile diagnostic imaging company that performs MRI scans of patients at hospitals and clinics that cannot afford their own scanners. General Hospital has contacted …
2. ### Math and Society

You can afford monthly payments of \$1200. If current mortgage rates are 7.5% for a 30-year fixed rate loan, what loan principal can you afford?

Earl Miller plans to buy a boat for \$19,500 with an interest charge of \$2500. Earl figures he can afford a monthly payment of \$650. If Earl has to pay 36 equal monthly payments, by how much can he afford the boat per month?

Earl Miller plans to buy a boat for \$19,500 with an interest charge of \$2500. Earl figures he can afford a monthly payment of \$650. If Earl has to pay 36 equal monthly payments, by how much can he afford the boat per month?

Earl Miller plans to buy a boat for \$19,500 with an interest charge of \$2,500. Earl figures he can afford a monthly payment of \$650. If Earl has to pay 36 equal monthly payments, by how much can he afford the boat per month?
6. ### math

Earl Miller plans to buy a boat for \$19,500 with an interest charge of \$2,500. Earl figures he can afford a monthly payment of \$650. If Earl has to pay 36 equal monthly payments, by how much can he afford the boat per month
7. ### Finance

Karl can afford car payments of \$235 a month for 48 months. The bank will lend him money to buy a car at 7.75 percent interest. How much money can he afford to borrow?
8. ### finance

Mr. Two can afford car payments of \$235 a month for 48 months. The bank will lend him money to buy a car at 7.75 per cent interest. How much money can he afford to borrow?
9. ### maths lit

If Mrs Ditiro's budget for transport, clothes and social expenses is R5 000,00, show by calculation that she can afford to invest R2 000,00 for her children per month.
10. ### math

Eric Rose wants to buy a Ford Explorer that costs \$26,000 with an interest charge of \$3,000. If there are 50 equal payments required, what will Eric's monthly payment be?

More Similar Questions