Express monetary answers to the nearest whole dollar. Express percentage answers to the nearest hundredth 22.Tiffanywould like...

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Finance

Express monetary answers to the nearest whole dollar. Expresspercentage answers to the nearest hundredth
22.Tiffanywould like to buy a delivery vehicle for hersmallbusiness. Shecan afford to make a down payment of $7,500 and paymonthly (end-of-month) payments of $1,350. If the term is 48monthsand the loan rate is 5.24 percent(APR), then what is the maximumthat Tiffanycan pay for the delivery vehicle?
23Geraldpurchases a house for $250,000 by getting a mortgage for$225,000 and paying a down payment of $25,000. It is a 20-yearmortgage with a 4.92 percent interest rate and Geraldmakes apayment at the end of each month. Suppose the house appreciates ata 2.25 percent rate per year. If equity is the value of the houseminus how much is owed on the house, then how much equity doesGeraldhave at the end of ten years?

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Express monetary answers to the nearest whole dollar. Expresspercentage answers to the nearest hundredth22.Tiffanywould like to buy a delivery vehicle for hersmallbusiness. Shecan afford to make a down payment of $7,500 and paymonthly (end-of-month) payments of $1,350. If the term is 48monthsand the loan rate is 5.24 percent(APR), then what is the maximumthat Tiffanycan pay for the delivery vehicle?23Geraldpurchases a house for $250,000 by getting a mortgage for$225,000 and paying a down payment of $25,000. It is a 20-yearmortgage with a 4.92 percent interest rate and Geraldmakes apayment at the end of each month. Suppose the house appreciates ata 2.25 percent rate per year. If equity is the value of the houseminus how much is owed on the house, then how much equity doesGeraldhave at the end of ten years?