5. You have a car payment of $300 a month. You spent $675 on maintenance last year...

Question:

5. You have a car payment of $300 a month. You spent

$675 on maintenance last year and you spend about $35 a week on gasoline. Parking costs are $25 a month. How much could you put toward debt reduction on an annual basis if you sold the car and instead used public transportation?

The monthly transit pass is $45. (LO 8-3)

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Personal Finance Building Your Future

ISBN: 9780077861728

2nd Edition

Authors: Robert Walker, Kristy Walker

Question Posted: