Jane Figures That Her Monthly Car Insurance Payment of $140

question 151

Multiple Choice

Jane figures that her monthly car insurance payment of $140 is equal to 30% of the amount of her monthly auto loan payment. What is her total combined monthly expense for auto loan payment and insurance (rounded to the nearest dollar) ? ​

• A) $607
• B) $467
• C) $509
• D) $42
• E) $612

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Definitions:

Secure New Business

The act of acquiring new clients or customers for a company or a firm, often through marketing, networking, or outreach efforts.

Inferior Product

A product deemed to be of lower quality or lesser value when compared to others of its kind in the market, often associated with poor construction or defects.

Identity Theft

The theft of a form of identification, such as a name, date of birth, or Social Security number, which is then used to access the victim’s financial resources.

Social Security Number

is a unique nine-digit number assigned to U.S. citizens, permanent residents, and certain temporary residents, used for tracking individuals for Social Security purposes and other identification reasons.