Question

Suppose that Wilma is considering purchasing a new car with a monthly loan payment of $395. Her current insurance provider quotes a fee of $105 per month, and the registration fee in her state is $165 per year. How much money would she need if she considers purchasing this car?

Answer 1

Answer:

135

Step-by-step explanation:

To answer this question you would write down 105+165 you'll get 260 then to know how much wilma will have to pay you would take the amount wilma pays monthly which is 395 and the answer you got from 105+165 which is 260 and add 395-260 so, 395-260=135

Answer 2

Answer: Wilma should also consider the expenses of fuel, maintenance, and repairs. These are variable expenses and can vary greatly from month to month. To make sure that she can afford a new car, she needs to include these variable expenses in her car budget calculations. If Wilma can’t afford these expenses, she may need to choose a different car with a lower monthly payment or one that requires fewer maintenance costs.

Step-by-step explanation:

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