asked 138k views
5 votes
Rick wishes to purchase a new car and can afford monthly payments of up to $275

per month. Finance is available and the terms are that the loan lasts for 6 years, and
the annual interest rate is 8%. What is the maximum price for at car that Ryan's
budget can afford?
Round your answer to the nearest hundred dollars.
I need help!!

1 Answer

7 votes

Answer:

200?

Explanation:

answered
User Andru
by
7.6k points
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