Question: 18,685 answer I need explanation Down Payment 500 Miles per month 1200 Price of Gas 3.75 Car 1 Insurance $ 35.00 Cost $ 6,000.00 Registration

18,685 answer I need explanation

Down Payment 500 Miles per month 1200

Price of Gas 3.75 Car 1 Insurance $ 35.00 Cost $ 6,000.00 Registration (annual) $ 140.00 Loan Amount $ 5,500.00 Rate 4.00% Loan Term in Months 36 MPG 40 Loan Payment ($162.38) Total Monthly Expenses Total Cost over 4 years

Vary the Miles per month from 800 to 1500 by 100
Vary the Cost from 5,000 to 10,000 by 500

What is the Total Cost over 4 years in scenario #4? (Enter whole dollars)

scenario 4 is 1,450 miles; $7,500 cost

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Down Payment 500 Miles per month 750 Price of Gas 3.75 Car 1 Insurance $ 35.00 Cost $ 6,000.00 Registration (annual) $ 140.00 Loan Amount $ 5,500.00 Rate 4.00% Loan Term in Months 36 MPG 40 Loan...

Download HW 3 and create a Data Table as follows : Vary the interest rate from 3.25% to 7.00% by 0.25% What is the Loan Payment in scenario #4? (Enter two decimal places . Remember that payments are...

Question 2 (1 point) Listen I really want to get Car 3 but I can only afford $330 in monthly expenses. How many miles could I drive every month? For example, if your answer was 51.2333, round up to...

\begin{tabular}{lrr} Down Payment & & 500 \\ Miles per month & & 1200 \\ Price of Gas & \multicolumn{2}{c}{3.75} \\ & \multicolumn{2}{c}{ My Car } \\ & $ & 35.00 \\ Insurance & $ & 6,000.00 \\ Cost &...

Download HW1 and create a Data Table as follows: - Vary the Miles per month from 800 to 1500 by 100 - Vary the Cost from 5,000 to 10,000 by 500 What is the Total Cost over 4 years in scenario \#2?...

#2 \begin{tabular}{lrr} Down Payment & & 500 \\ Miles per month & & 1200 \\ Price of Gas & \multicolumn{2}{c}{3.75} \\ & \multicolumn{2}{c}{ My Car } \\ & $ & 35.00 \\ Insurance & $ & 6,000.00 \\...

#4 \begin{tabular}{lrr} Down Payment & & 500 \\ Miles per month & & 1200 \\ Price of Gas & \multicolumn{2}{c}{3.75} \\ & \multicolumn{2}{c}{ My Car } \\ & $ & 35.00 \\ Insurance & $ & 6,000.00 \\...

need help plzzzzz be fast and dont be late Download HW3 and create a Data Table as follows: - Vary the interest rate from 3.25% to 7.00% by 0.25% What is the Loan Payment in scenario #4? (Enter two...

Download HW3 and create a Data Table as follows: Vary the interest rate from 3.25% to 7.00% by 0.25% What is the Loan Payment in scenario #2? (Enter two decimal places. Payments are considered...

#5 HW4 \begin{tabular}{lrr} Down Payment & & 1200 \\ Miles per month & & 750 \\ Price of Gas & & 3.75 \\ & \multicolumn{2}{c}{ My Car } \\ & $35.00 \\ Insurance & $17,795.00 \\ Cost & $140.00 \\...

For what values of and is the line 2x + y = b tangent to the parabola y = ax2 when x = 2?

A beam of light both reflects and refracts at the surface between air and glass, as shown in Figure. If the index of refraction of the glass is ng, find the angle of incidence, 1, in the air that...

Exerclse 1 3 - 3 ( Algo ) Sourcing Declsions [ LO 1 3 - 3 ] Troy Engines, Limited, manufactures a variety of engines for use in heavy equipment. The company has always produced all of the parts for...

K Hilda Carr Associates surveys American eating habits. The company's accounts include Land, Buildings, Office Equipment, and Communication Equipment, with a separate Accumulated Depreciation account...