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

question 111

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,what is the maximum loan amount Jana can afford?

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

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Definitions:

Hand Gestures

Movements of the hands that are used to convey messages or emotions.

Intensity

The quality or state of being intense; often refers to the degree of strength, force, energy, or feeling in an action or thing.

Perceptual Process

The cognitive operation that enables an individual to interpret and organize sensory information to understand their environment.

Friendly Gesture

An action or sign showing friendliness or goodwill towards others.