Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. janet has also found a used car of the same make a

Janet has also found a used car of the same make and model that is...

90.2K

Verified Solution

Question

Basic Math

image

Janet has also found a used car of the same make and model that is 2 years old and has been driven 38 547 kilometers The price of the used vehicle is 14 950 Additional costs include 85 administration fee 74 licence plate fee 20 gas fee 54 finance fee The interest rate on the loan for the new car is 4 9 compounded monthly The interest rate on the loan for the used car is 9 9 compounded monthly In each case the car will be financed for 36 months Janet wants to buy her first car She knows the make and model she wants but has not decided whether it will be new or used The new car has an MSRP of 24 572 Janet negotiates a discount of 650 and needs to pay the following additional costs 685 freight charge 100 tire air tax 75 gas tax 85 administration fee 74 licence plate fee 20 gas fee 54 finance fee MSRP or List Price Discount Purchase Price Freight Tire Air Tax Gas Tax Administration Fee Taxable Subtotal Trade in Allowance Taxable Total Deal Review New car Gas Fee Lien Payout Delivery Price MFG Rebate Down Payment Finance Fee Amount Financed Interest Rate Loan Term Monthly Payment

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

An investigator writes that the instrument used was valid because it has a high Cronbach alpha....

Biology
Q

draw a sketch for wet armature solenoid. describe how a wet armature solenoid works.

Mechanical Engineering
Q

Find the steady-state current ip(t) in an LRC-series circuit when L = 1 2 h, R...

Advance Math
Q

The eigenvector 22 1 i belongs to the eigenvalue Oa 1 2i Ob 2 i...

Algebra
Q

Qu asiento de diario refleja el asiento de ajuste necesario el 31 de diciembre?: Es...

Accounting
Q

Use either the gross method or net method to record the following transactions 10/1 Purchased...

Accounting
Q

Living Tanks sell tanks and fish and reptiles throughout Victoria. During March 2022, cash sales...

Accounting
Q

Dorsey Company manufactures three products from a common input in a joint processing operation. Joint...

Accounting
Q

Hugh Curtin borrowed $39,500 on July 1, 2017. This amount plus accrued interest at 7%...

Accounting
Q

The standard cost card for the single product manufactured by Cutter, Inc., is given below:...

Accounting
Q

Cori's Meats is looking at a new sausage system with an installed cost of $505,000....

Finance
Q

The following information was drawn from the accounting records of Wyckoff Company as of December...

Accounting