Anh decided to buy a new car that costs $35,500. She knows that she can get a 6-year loan at 3.8% interest, and she has budgeted for a maximum monthly payment of $450. What is the minimum down payment...

Extracted text: Anh decided to buy a new car that costs $35,500. She knows that she can get a 6-year loan at 3.8% interest, and she has budgeted for a maximum monthly payment of $450. What is the minimum down payment Anh needs to make to keep her monthly payments at or below $450? (Answers are rounded to the nearest ten dollars.) $2,370 O $9,550 $3,100 $6,570


Extracted text: Ming has some money to invest in one of two different accounts for 3 years. Account 1 requires an investment of $700 and earns 6.2% interest, compounded quarterly. • Account 2 requires an investment of $800 and earns 5.1% interest, compounded monthly. Assuming that Ming has enough money to make either investment, which account has a higher return? Select the answer that is completely correct. Account 1 because it earns about $8 more than Account 2 Account 2 because it earns about $92 more than Account 1 Account 1 because it earns about $10 more than Account 2 Account 2 because it earns about $90 more than Account 1