What is the highest price car he should consider buying

Assignment Help Finance Basics

Reference no: EM133616915

Problem: John is looking for a new car. He has a down payment of $750.00 and wants to pay $400.00 per month for 55 years. The best deal he found for an amortized loan is his local bank, at a rate of 2.45%%. What is the highest price car he should consider buying?

Reference no: EM133616915

Questions Cloud

What can be done to prevent this type of accident : What happened to cause the accident? Why did the accident happen? What can be done to prevent this type of accident?

Should it be admitted to probate : grieved his death terribly for one week before committing suicide. Did she have the capacity to make a will? Should it be admitted to probate

Calculate laplands earnings per share : Lapland Wool Products has a tax rate of 30% and an expected EBIT of $3.79 million. Calculate Lapland's Earnings Per Share.

Why patients are reluctant to complain about health care : Discuss why patients are often reluctant to complain about their health care. Provide some background and define patient abuse.

What is the highest price car he should consider buying : The best deal he found for an amortized loan is his local bank, at a rate of 2.45%%. What is the highest price car he should consider buying?

What case should she next make to convince them to adopt : skeptical about global warming and environmental issues. What case should she next make to convince them to adopt

Productivity of health facility : Using a health facility Census criterion what will successful outcomes be on the productivity of a health facility?

How many future should you trade and when should they expire : You are a dealer and you just sold a 5-year swap with a notional of $100 million. How many futures should you trade and when should they expire?

Find that the information gathered would not apply : marketers gathered data from a different market to make decisions on the new market, they would find that the information gathered would not apply

Reviews

Write a Review

Required(*) Message

Finance Basics Questions & Answers

Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages