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After reviewing your budget, you can afford to pay $542 per month for a new...

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After reviewing your budget, you can afford to pay $542 per month for a new car. The current market rate for car loans is 1 percent per month for 48 months. How much can you borrow? Round to the nearest penny. Your Answer: Answer Question 6 (1 point) You want to buy a house in 7 years and expect to need $22000 for a down payment. If you have $15000 to invest, how much interest do you have to carn (compounded annually) to reach your goal? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43% Your

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