Jana Has $1,500 for a Down Payment and Thinks She

question 71

Multiple Choice

Jana has $1,500 for a down payment and thinks she can afford monthly payments of $300. If she can finance a vehicle with a 7%, 4-year loan from a credit union, what is the maximum loan amount Jana can afford? (Round the answer to the nearest dollar.)

• A) $12,528
• B) $14,208
• C) $16,028
• D) $17,900
• E) $18,028

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Definitions:

Glia Cells

Non-neuronal cells in the central nervous system that support, protect, and nourish neurons, playing a crucial role in maintaining homeostasis and forming myelin.

Insulating

The act of preventing the transfer of heat, electricity, or sound from one material to another.

Removing Waste

Removing waste involves the processes and activities required to manage waste from its inception to its final disposal, including collection, transport, treatment, and disposal.

Neuron

A particular cell involved in the transmission of nerve signals; referred to as a neuron.