"You can afford car payments of $265 a month for three years. The interest rate is 7.5 percent, compounded monthly. How much can you afford to borrow to buy a car

Given Information:

Monthly payment = $265

Interest rate = 7.5 %

time period = 3 years

Required Information:

Annual Present Value = ?

Annual Present Value = $8,519

Explanation:

Monthly interest rate = 7.5/12 = 0.625 %

n = 12*3 = 36

Annual Present Value = $265 (1 - [1/(1+0.00625)³⁶]/0.00625)

Annual Present Value = $265 (32.147)

Annual Present Value = $8518.95 ≅ $8519

Therefore, you can afford to borrow $8,519 to buy a car.

b. take periodic breaks and alternate between tasks.  

will increase work efficiency, and avoid health issues.

answer; no individual buyer or seller has any significant impact on the market price;