Spring MA111 OC (12-week) 150T Cheung Crystal Gard lomework: Financial Math 4 - Debt (during online nstruction Save icore: 0 of 1 pt 3 of 18 (4 complete) HW Score: 36.36%, 8 of 22 pts 10.4.55 Assigned Media Question Help Suppose Gwen wants to buy a car. The dealer offers a financing package consisting of a 2.7% APR compounded monthly for a term of 3 years. Suppose Gwen wants her monthly payments to be at most $440. What is the maximum amount that she should finance? The maximum amount Gwen should finance is $ (Do not round until the final answer. Then round to the nearest dollar as needed.) -.-. . DON uung Om Savd nstruction Score: 0 of 1 pt 4 of 18 (4 complete) HW Score: 36.36%, 8 of 22 pt: Instructor-created question Assigned Media Question Help Suppose Santiago wants to buy a car. The dealer offers a financing package consisting of a 9% APR compounded monthly for a term of 5 years. Suppose Santiago wants his monthly payments to be at most $350. What is the maximum amount that he should finance? How much interest will he pay on the loan? a) The maximum amount Santiago should finance is $ (Do not round until the final answer. Then round to the nearest dollar as needed.) b) The total paid for the car under these terms would be s including $ In total interest (Use the answer from part a to answer part b. Write whole dollar answers.) Spring MA111 OC (12-week) 150T Cheung Crystal Gard lomework: Financial Math 4 - Debt (during online nstruction Save icore: 0 of 1 pt 3 of 18 (4 complete) HW Score: 36.36%, 8 of 22 pts 10.4.55 Assigned Media Question Help Suppose Gwen wants to buy a car. The dealer offers a financing package consisting of a 2.7% APR compounded monthly for a term of 3 years. Suppose Gwen wants her monthly payments to be at most $440. What is the maximum amount that she should finance? The maximum amount Gwen should finance is $ (Do not round until the final answer. Then round to the nearest dollar as needed.) -.-. . DON uung Om Savd nstruction Score: 0 of 1 pt 4 of 18 (4 complete) HW Score: 36.36%, 8 of 22 pt: Instructor-created question Assigned Media Question Help Suppose Santiago wants to buy a car. The dealer offers a financing package consisting of a 9% APR compounded monthly for a term of 5 years. Suppose Santiago wants his monthly payments to be at most $350. What is the maximum amount that he should finance? How much interest will he pay on the loan? a) The maximum amount Santiago should finance is $ (Do not round until the final answer. Then round to the nearest dollar as needed.) b) The total paid for the car under these terms would be s including $ In total interest (Use the answer from part a to answer part b. Write whole dollar answers.)
