Natalie Five Puts Down $800 on a Car

question 99

Short Answer

Natalie Five puts down $800 on a car. Natalie still owes 90% of the purchase price. What was the price she bought the car for? (Round to nearest hundredth or hundredth percent as needed.)

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Definitions:

Family of Four

A nuclear family unit consisting of two adults and two children, regarded as a common social unit in many cultures.

Childhood Poverty

Childhood poverty refers to the state of children living below the poverty line, affecting their well-being, education, and development.

Cost

The value of resources spent or forgone to achieve a particular objective or acquire an item or service.

United States

A federal republic located primarily in North America, consisting of 50 states, a federal district, and various territories.