Question

Your free ride to work ends in 14 days. So, maybe you need a car? How much can you afford to spend? Below is what's available at a dealership near you. Which car should you buy? Before you decide, think about this: You do not have enough money in your account to buy a car. You'll have to finance your purchase. You'll have to put down 25% of the vehicle's selling price as a down payment.

Answer 1

Explanation:

Kindly find attached a screenshot of the price list of some cars from motor 1 .com since you did not provide any in the question, and let us assume it is the same as what is available at a dealership near you.

From the list, since you don't have enough money in your account to buy a car, I will say you should get a 2017 Nissan Versa for $11,990

and 25% of $11,990 is

(25/100)* 11,990

0.25* 11,990

$2997.5

So you can make a down payment of $2997.5

and pay the remainder of $8992.5 later