To buy
To buy a truck, you can pay $12500 cash or put down $3250 and make 24 monthly payments of $685.75. How much would you save by paying cash(to the nearest hundredth)?
Correct answer:
You need to know the following knowledge to solve this word math problem:
arithmeticUnits of physical quantitiesGrade of the word problem
Related math problems and questions:
- Dream home
You finally found your dream home. It sells for $120,000 and can be purchased by paying 10% down and financing the balance at an annual rate of 9.6% compounded monthly. a) How much are your payments if you pay monthly for 30 years? b) Determine how much w - Pension or fraud
Imagine your entire working life working honestly and paying taxes and Social Insurance (in Slovakia). You have a gross wage 970 Euros. You pay social insurance (you and your employer) monthly € 310 during 41 years, and your retirement is 446 Eur dur - Adela
Adela saves part of her allowance every month. She can save about 25 pesos monthly. Her target is to save 1350 pesos for a pair of shoes. If she starts saving by June, can she buy the shoes by December? - Monthly payments 2
Suppose you have selected a new car to purchase for $19,500. If we can finance the car over four years at an annual rate of 6.9% compounded monthly, how much will your monthly payments be? - Needs
Hanka needs 40,000 € to buy an apartment. She can save or pay 300 € each month. The interest rate on deposits is 2%, the monthly deposit is 300 €, the state bonus is 8.5% of the deposit, and the interest rate on the loan is 2.9%. She will be in the saving - Daily compounded
Zachary invested $130 in an account paying an interest rate of 3.6% compounded daily, Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 11 years? - Round to ones
What is 4.456 rounded to the nearest one?
