Math Mod Unit 7 Lesson 7

How much will the monthly payment be for a 2-year-old used car priced at $17,995 if the current finance rate is 48 months at 4.36%? You will finance the 8% TT&L and make a 30% down payment.

$318.03

How much will the monthly payment be for a 5-year-old used car with 56,235 miles that is priced at $10,995? The current finance rate is 36 months at 4.35%.

$325.15

How much will the monthly payment be for a 3-year-old used car that is priced at $9,995 if the current finance rate is 48 months at 4.36%? You will finance the 8% TT&L and make a 20% down payment.

$199.29

How much will the monthly payment be for a 5-year-old used car that is priced at $10,995 if the current finance rate is 48 months at 4.35%? You will finance the 8% TT&L and make a 25% down payment.

$206.74

How much will the monthly payment be for a 3-year-old used car with 45,358 miles that is priced at $9,995? The current finance rate is 48 months at 4.36%.

$226.47

How much will the monthly payment be for a 2-year-old used car that's priced at $17,995? The current finance rate is 48 months at 4.36%.

$407.73

How much will the monthly payment be for a new car priced at $14,350 if the current finance rate is 36 months at 3.16%?

$417.23

How much will the monthly payment be for a new car priced at $23,865 if the current finance rate is 48 months at 3.28%?

$529.75

lien holder

a person, company, or bank that lends the money for the purchase of a vehicle

rebate

an amount returned after purchase or deducted from the purchase price