Please answer these questions.
dding Up The Consumer Math - Sixth Discussion (part 2) Available on Oct 31, 2022 5:00 AM. Access restricted before availability starts. Available until Nov 13, 2022 11:30 PM. Access restricted after availability ends. ust post first. t's calculate: - Judy has $2,000 for a down payment on a vehicle and she can afford monthly payments of $400. She wants to finance a vehicle over no more than 4 years. If lenders are currently offering 6% interest on 5 -year loans, what is the maximum price Judy can pay for a vehicle? - Leslie has been offered the choice of either a $1,000 rebate or a 5.5%, 48month loan for the new car she is purchasing. If Leslie will be financing $15,000 and she can get a 7.5%,48-month loan at her credit union, should she take the $1,000 rebate or the 5.5% loan? - Greg has negotiated a $20,000 price on a new pick-up truck. The manufacturer is offering a $1,500 rebate or 3.9%, three-year financing. Greg is also able to get 7%, three-year financing at his credit union. If Greg plans to finance $18,000 over three years, should he take the 3.9% financing or the 7% financing? Show all work and round your answers to two decimal places. - Greg and his wife Jane (and their dog Spot) have just purchased a house and are calculating how much money they will need when the closing day rolls around. The purchase price is $200,000. They will make a 20% down payment, and they must pay 2 points on the loan. Closing costs should be 3% of the purchase price. What is the total dollar amount they will need at closing? dding Up The Consumer Math - Sixth Discussion (part 2) Available on Oct 31, 2022 5:00 AM. Access restricted before availability starts. Available until Nov 13, 2022 11:30 PM. Access restricted after availability ends. ust post first. t's calculate: - Judy has $2,000 for a down payment on a vehicle and she can afford monthly payments of $400. She wants to finance a vehicle over no more than 4 years. If lenders are currently offering 6% interest on 5 -year loans, what is the maximum price Judy can pay for a vehicle? - Leslie has been offered the choice of either a $1,000 rebate or a 5.5%, 48month loan for the new car she is purchasing. If Leslie will be financing $15,000 and she can get a 7.5%,48-month loan at her credit union, should she take the $1,000 rebate or the 5.5% loan? - Greg has negotiated a $20,000 price on a new pick-up truck. The manufacturer is offering a $1,500 rebate or 3.9%, three-year financing. Greg is also able to get 7%, three-year financing at his credit union. If Greg plans to finance $18,000 over three years, should he take the 3.9% financing or the 7% financing? Show all work and round your answers to two decimal places. - Greg and his wife Jane (and their dog Spot) have just purchased a house and are calculating how much money they will need when the closing day rolls around. The purchase price is $200,000. They will make a 20% down payment, and they must pay 2 points on the loan. Closing costs should be 3% of the purchase price. What is the total dollar amount they will need at closing
