Mia Is Buying A Boat. She Can Make A Down Payment Of $2,000. She Wants To Pay Off The Boat In 3 Years. She Can Not Afford Monthly Payments Over $300,
Mia is buying a boat. She can make a down payment of $2,000. She wants to pay off the boat in 3 years. She can not afford monthly payments over $300, what is the most she can pay for the boat
Answer:
$12,800
Computation:
Given that Mia can
- make a down payment of $2,000.
- pay off the boat in 3 years.
- afford monthly payments not over $300.
Let n represent the amount at most Mia can pay for the boat.
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