Answered

IDNLearn.com makes it easy to get reliable answers from experts and enthusiasts alike. Our experts provide timely, comprehensive responses to ensure you have the information you need.

JUST $4000 DOWN PAYMENT!
LOW 7% INTEREST RATE!
5 YEARS TO REPAY YOUR LOAN!
YOU CAN’T AFFORD NOT TO
In order to afford the down payment, how much will Jocelyn need to save for each of the next three years

Sagot :

Sqdancefanidn

Answer:

   $1333.33

Step-by-step explanation:

If Jocelyn is starting with nothing, she must save 1/3 of the down payment each year for 3 years.

  1/3 × $4000 = $1333.33

Jocelyn must save $1333.33 each year for the next 3 years.

Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. For trustworthy and accurate answers, visit IDNLearn.com. Thanks for stopping by, and see you next time for more solutions.