Answered

Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Ask your questions and receive detailed answers from professionals with extensive experience in various fields. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Emily has been considering the purchase of a used car that costs $11.656. How much money does she need to make in order to comfortably afford to buy the car?

Sagot :

RevyBreeze

your question might be incomplete..

Answer/Step-by-step explanation:

Whether you're paying cash, leasing, or financing a car, your upper spending limit really shouldn't be a penny more than 35% of your gross annual income. For Example: $36,000 a year, the car price shouldn't exceed $12,600. Make $60,000, and the car price should fall below $21,000.

Hence, $11,656 x 35% =4079.60

Answer = 4079.6

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.