Answered

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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 :

sqdancefan

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.

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