Question 1
Use PMT = 
. Round to the nearest dollar.
Suppose that you decide to buy a car for $25,485, including taxes and license fees. You saved $7000 for a down payment and can get a five-year loan at 6.52%. Find the monthly payment and the total interest for the loan.
◦ $362; $3235
◦ $362; $19,675
◦ $636; $19,675
◦ $499; $4455
Question 2
Use PMT = . Round to the nearest dollar.
Suppose that you are buying a car for $50,000, including taxes and license fees. You saved $10,000 for a down payment. The dealer is offering you two incentives:
Incentive A is a $5000 off the price of the car, followed by a five-year loan at 7.39%.
Incentive B does not have a cash rebate, but provides free financing (no interest) over five years.
What is the difference in monthly payments between the two offers? Which incentive is the better deal?
◦ approximately $67; Incentive A is the better deal.
◦ approximately $85; Incentive B is the better deal.
◦ approximately $33; Incentive B is the better deal.
◦ approximately $15; Incentive A is the better deal.
The mammalian urinary system including the basic functional unit of the nephron.
Buying a Telescope
(a) The Dmanisi cranium (right) shows similarities to early African H. erectus including the Narioko
Apply oil or lotion to the entire arm from distal to proximal, including around the shoulder.
The value of to the nearest hundredth of a radian, is?