You are saving money to buy a car.  If you save $310 per month starting one month from now at an interest rate of 6%, how much will you be able to spend on the car after saving for 4 years?

You want to buy a car without going into debt. You are budgeting $58,796 for the purchase price and you want to make the purchase in 5 years. You think you can earn 9.79% per year on any savings you generate between now and the car purchase. How much will you have to deposit at the end of each month in order for you to be able to pay cash for that car in 5 years?

You found the perfect car but costs $30,000. How much is your monthly payments if your bank charges 2 5% interest for 5 years?

You plan to graduate in 4 years, and then travel to Italy for 3 weeks. The trip will cost $1,500. If you can earn an annual interest rate of 8%, how much do you have to save right now to have enough money for your trip? Instead, the interest rate is 0.667% per month. How much do you need to save right now?

You want to purchase a car 4 years from now, and you plan to save $4,500 per year, beginning immediately. You will make 4 deposits in an account that pays 6.3% interest. Under these assumptions, how much will you have 4 years from today? (please round your answer to two decimal points)

You want to be able to withdraw $25,000 each year for 20 years. Your account earns 10% interest. A.How much do you need in your account at the beginning? b) How much total money will you pull out of the account? c) How much of that money is interest?

I want to buy a Tesla Model S. in 10 years.  The only problem is that it will cost $90,000! how much would I have to deposit each month into a savings plan offering 5.6% APR in order   to have enough saved to buy the car in 10 years? What percent of the total amount saved will come from interest if I go with the monthly savings plan?

You want to buy a $30,000 car. You can make a 10% down payment, and will finance the balance with a 3% interest rate for 60 months (5 years). What will your monthly payments be? LA

Suppose you can afford to pay $ 350 a month for 5 years towards a new car with no down payment. If the current interest rates are 4.5%, how expensive a car can you afford?