Question

What are the disadvantages if Jamir decides to purchase the car? Check all that apply.

He will not get the model he wants.
He will have to come up with a bigger down payment.
His monthly payments will be higher.
He will have to return the car when he is done making payments.
The purchase price will be higher.

Answer 1

Answer:

He will have to come up with a bigger down payment.

His monthly payments will be higher.

Good luck:)

Answer 2

The disadvantages if Jamir decides to purchase the car include:

• He will have to come up with a bigger down payment.

• His monthly payments will be higher.

• Since Jamie has to make a 10% down payment for the car, he will have to pay $258.38 which is 10% of $25838.

• The fact that his loan will also be paid for a period of 5 years shows that he'll have to pay more in order to purchase the car since he didn't pay the whole amount for the car. This implies that his monthly payments will also be higher.

In conclusion, the correct options are B and C.

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