Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. janet has also found a used car of the same make a

Janet has also found a used car of the same make and model that is...

90.2K

Verified Solution

Question

Basic Math

image

Janet has also found a used car of the same make and model that is 2 years old and has been driven 38 547 kilometers The price of the used vehicle is 14 950 Additional costs include 85 administration fee 74 licence plate fee 20 gas fee 54 finance fee The interest rate on the loan for the new car is 4 9 compounded monthly The interest rate on the loan for the used car is 9 9 compounded monthly In each case the car will be financed for 36 months Janet wants to buy her first car She knows the make and model she wants but has not decided whether it will be new or used The new car has an MSRP of 24 572 Janet negotiates a discount of 650 and needs to pay the following additional costs 685 freight charge 100 tire air tax 75 gas tax 85 administration fee 74 licence plate fee 20 gas fee 54 finance fee MSRP or List Price Discount Purchase Price Freight Tire Air Tax Gas Tax Administration Fee Taxable Subtotal Trade in Allowance Taxable Total Deal Review New car Gas Fee Lien Payout Delivery Price MFG Rebate Down Payment Finance Fee Amount Financed Interest Rate Loan Term Monthly Payment

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Advance Math
1.2K views

Given a complicated lim x ? af (x), how do you quickly determine which items are significant...

Mechanical Engineering
1.2K views

Consider an airplane patterned after the Beechcraft Bonanza V-tailed, single-engine light private airplane. The characteristics of the...

Biology
1.2K views

5 How should someone who wants to improve their performance as a soccer player train...

Physics
1.2K views

Image in convex mirror of the image of rod PQ in the plane mirror is...

Physics
1.2K views

The definition of average velocity is a the average acceleration multiplied by the time b...

Geometry
1.2K views

The perimeter of a rectangle is 60 feet Describe the possible lengths of a side...

Calculus
1.2K views

Let F xyz xy x yz eff cut Use Stokes Theorem to evaluate curlFdS where...

Algebra
1.2K views

What is the solution to the inequality 2 2 3 52 9 Enter your answer...

Accounting
1.2K views

42. The process of change, in Hollis's view, involves: A. Transformation...

Accounting
1.2K views

Troy Engines, Ltd, manufactures a variety of engines for use in heavy equipment. The company...

Accounting
1.2K views

At year-end December 31, Chan company estimates its bad debts as 0.60% of its annual...

Accounting
1.2K views

Q) Show the effects of a decrease in current period productivity in the Keynesian model?...