3. Suppose you'd like to save enough money to pay cash for your next car. The goal is to save an extra $30,000 over the next 6 years. What amount of monthly payments must you make into an account that earns 5% interest to reach your goal?

Solve the problem.Suppose you purchase a new car for 28,000 . What are the monthly payments for a 4-year loan with a $2,000 down payment if the annual interest rate is 4.3?

You want to purchase a new car in 5 years and expect the car to cost ​$31,000. Your bank offers a plan with a guaranteed APR of 5.5% if you make regular monthly deposits. How much should you deposit each month to end up with ​$31,000 in 5 ​years?

assume you will put down 10% on a house that costs 424,900 dollars, and borrow the rest. What is the dollar amount of thge down payment? and the dollar amount you will borrow?

Find the time needed in years to make $ 50,000 from $ 30,000 if the simple interest rate available is 17%.

Your goal is to create a college fund for your child. Suppose you find a fund that offers an APR of 7%. How much should you deposit monthly to accumulate ​$88,000 in 15 ​years?

You have saved $22,000 for a down payment on a house. Your bank requires a minimum down payment of 15%. What is the maximum price you can offer for a home in order to have enough money for the down payment? (Round your answer to two decimal places.)

Mai has contributed $175 at the end of each month into her company's employee retirement account for the past 10 years. Her employer has matched her contribution each month. If the account has earned interest at the rate of 3%/year compounded monthly over the 10-year period, determine how much Mai now has in her retirement account. (Round nearest cent.)$  Peggy made a down payment of $400 toward the purchase of new furniture. To pay the balance of the purchase price, she has secured a loan from her bank at 5%/year compounded monthly. Under the terms of her finance agreement, she is required to make payments of $71.32 at the end of each month for 36 months. What was the purchase price of the furniture? (Round nearest cent.)$  The Turners have purchased a house for $140,000. They made an initial down payment of $20,000 and secured a mortgage with interest charged at the rate of 2.5%/year on the unpaid balance. (Interest computations are made at the end of each month.) Assume that the…