Question: may someone please double check my work & make sure my calculation was correct on the $16,798 ...thank you Deborah's Car-Buying Decisions Deborah, who lives

may someone please double check my work & make sure my calculation was correct on the $16,798 ...thank you may someone please double check my work & make sure my calculation

Deborah's Car-Buying Decisions Deborah, who lives in San Francisco, is trying to decide between the following car models: Brand and Model Cost Kia Rio $12,295 Deep Patriot 16,780 Chevrolet Camaro 26,305 Ford F-150 Pickup 27,690 She's currently accumulated a down payment of $3,000 and she has determined that she can afford maximum payments of $375 per month. Her initial research on the current cost of auto loans hos found that her lowest cost loan would be made by a savings and loan association and would require an interest rate of 6% for five years. Given this information, the maximum amount that Deborah can afford to pay for her new car is $16,798, and the most expensive car that she can afford to purchase, without stretching her budget, is: The Kia RIO The Chevrolet Camaro The Jeep Patriot The Ford F-150 Pickup However, the could upgrade to a more expensive model by undertaking several activities. Which of the following activities would allow this upgrade? Check all that apply. Go ahead and purchase the more expensive car; she deserves to be happy Postpone her purchase until she can save more money for a larger down payment Purchase an upgraded vehicle with fewer and less expensive options Take a better paying job or another, or part-time, job that would give her the additional income to support a larger monthly payment Grade It Now Save & Continue

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