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Joe plans on saving $100 a month for a down payment on a new car. The car is $25,000 and Joe wants to put 10% down for a down payment. How many months will it take for Joe to have enough money for his
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Joe plans on saving $100 a month for a down payment on a new car. The car is $25,000 and Joe

wants to put 10% down for a down payment. How many months will it take for Joe to have
enough money for his down payment on his car?!

User Grzegorz Oledzki
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6.9k points

1 Answer

7 votes
10% of 25,000 is 2500 so it would take him 25 months to have enough money for a down payment
User Kuvonchbek Yakubov
by
7.6k points
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