Jessica purchases a 2013 Toyota RAV-4 for $23,300.00. The Toyota Finance Company offers her a 5-year...
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Jessica purchases a 2013 Toyota RAV-4 for $23,300.00. The Toyota Finance Company offers her a 5-year loan at 21% simple interest as long as she can make a down payment of at least $2,600.00. Jessica has money saved and wants to have lower monthly payments, so she actually pays $6,000.00 down. What will her monthly payments be? Enter monthly payment /month How much (in total) will she spend on her RAV-4? Enter total cost $ If she had only made the minimum down payment of $2,600.00, what would her monthly payments have been? Enter monthly payment /month What would her car have cost with the lower down payment? Enter total cost Jessica purchases a 2013 Toyota RAV-4 for $23,300.00. The Toyota Finance Company offers her a 5-year loan at 21% simple interest as long as she can make a down payment of at least $2,600.00. Jessica has money saved and wants to have lower monthly payments, so she actually pays $6,000.00 down. What will her monthly payments be? Enter monthly payment /month How much (in total) will she spend on her RAV-4? Enter total cost $ If she had only made the minimum down payment of $2,600.00, what would her monthly payments have been? Enter monthly payment /month What would her car have cost with the lower down payment? Enter total cost
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