1. Carlos can afford a monthly car payment of \( \$ 350 \), and he wants a 36 -month loan. He has \( \$ 500 \) saved up for a down payment, and he owns a trade-in with a value of \( \$ 800 \). The tax rate in his area is seven percent. He has been pre-approved for an auto loan at a finance rate of 12 percent. Determine the price of a vehicle he can afford. Additionally, record how much interest and tax he will pay and the total_amount he will spend. \( \begin{array}{l}\text { Vehicle Price: } \\ \text { Interest Paid: } \\ \text { Tax Paid: } \\ \text { Total Spent: }\end{array} \)

The original price of a tablet was \( \$ 550 \). During a sale, Melvin was given a 30\% discount for the tablet. How much did he pay for the tablet?

Find the final hourly wage if a \( \$ 9.00 \) starting wage is increased by \( 4.5 \% \) each year for 8 years.

Phil is shopping for an annuity that guarantees he CANNOT outlive the benefits. Which of these benefit options would he choose?Accelerated lifetime benefitGuaranteed lifetime withdrawal benefitRight of income riderGuaranteed minimum accumulation benefit

Suppose you want to have \( \$ 700,000 \) for retirement in 25 years. Your account earns \( 4 \% \) interest. a) How much would you need to deposit in the account each month? b) How much interest will you earn?

You deposit \( \$ 500 \) each month into an account earning \( 6 \% \) interest compounded monthly. a) How much will you have in the account in 20 years? b) How much total money will you put into the account? c) How much total interest will you earn? \( \$ \)