Shawna wants to go to college. She knows that federal student loans are available for a...
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Shawna wants to go to college. She knows that federal student loans are available for a 7.6% interest rate over 25 years. She wants to limit her payments after graduation to only $350 per month. How much can she afford to pay for college? Question 2 3 pts "Joshua wants to buy a car. They can only afford to pay $690 per month for the car. They want to trade-in their old car as a $5,900 down payment. If they agree to a 7-year loan that charges a 5.3% interest rate and they figure the car will cost $190 per month in taxes, insurance, fees, and maintenance, what is the most they can afford to pay for their next car?" Question 3 4 pts "Christopher wants to buy a house and can get a 15-year loan at a 8.4% interest rate. The maximum they want to spend each month is $860 and they expect $190 per month in taxes, insurance, fees, and maintenance. What is the most they can afford to pay for a house if they have $60,000 saved for a down payment?" Shawna wants to go to college. She knows that federal student loans are available for a 7.6% interest rate over 25 years. She wants to limit her payments after graduation to only $350 per month. How much can she afford to pay for college? Question 2 3 pts "Joshua wants to buy a car. They can only afford to pay $690 per month for the car. They want to trade-in their old car as a $5,900 down payment. If they agree to a 7-year loan that charges a 5.3% interest rate and they figure the car will cost $190 per month in taxes, insurance, fees, and maintenance, what is the most they can afford to pay for their next car?" Question 3 4 pts "Christopher wants to buy a house and can get a 15-year loan at a 8.4% interest rate. The maximum they want to spend each month is $860 and they expect $190 per month in taxes, insurance, fees, and maintenance. What is the most they can afford to pay for a house if they have $60,000 saved for a down payment?"
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1 Shawna wants to go to college She knows that federal student loans are available for a 76 interest rate over 25 years She wants to limit her payment... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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