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If Jamie Lee does not want to pay more than $285 a month and is unwilling to take a loan for more than five years what is the maximum she is willing to pay for a car credit score of 740

Respuesta :

Based on the number of years that Jamie Lee wants to take the loan and the monthly payment, the maximum she is willing to pay is $17,100.

How much is the maximum that Jamie Lee wants to pay?

This can be found as:

= Maximum monthly payment x Number of months to pay

Solving gives:

= 285 x 5 years x 12 months a year

= 285 x 60 months

= $17,100

Find out more on maximum willingness to pay at https://brainly.com/question/19131867.

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