Answered

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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

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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

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