You would like to buy your dream car, a fully-loaded 2016 toyota prius, for $31,000, but can only afford to pay $430 per month. based on a 4.5% interest rate:

a. how long would it take to pay off your car loan, years?

b. how long would it take if you were able to make 20% down payment?

Read the scenario. samira is a freshman basketball player who hopes to go to college on a basketball scholarship. she is offered the chance to play on her school’s varsity basketball team, which plays in tournaments during holiday breaks. samira usually spends her breaks working at the local hardware store. after careful consideration, samira decides to stay on the freshman basketball team and keep working over breaks. the fact that samira may miss out on a scholarship opportunity by staying on the freshman team illustrates-a cause.-minor consequences.-a trade off.-unexpected risk.