« previous next »

Author Question: Becky Lewis financed the construction of a garage on her lot with a 9.3 add-on interest home ... (Read 33 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576
on: Jun 24, 2018
Becky Lewis financed the construction of a garage on her lot with a 9.3 add-on interest home improvement loan from the Guaranteed Savings Bank. The total price of the garage was 11,860 and was financed with equal monthly payments for 6 years. a. What is the total deferred payment price of the garage? b. How much are the monthly payments on the loan? (Round to the nearest cent)

Question 2

A plumbing supply store sells four times as many gas stoves as wood burning stoves. If sales for the month of both types totaled 65 stoves, how many gas stoves were sold?


deja

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 24, 2018
Answer to Question 1

a. 18,477.88
b. 256.64

Answer to Question 2

52 gas stoves


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Box stalls in a barn or stable should be of sturdy construction and cleaned daily Box stalls in a barn or stable should be of sturdy construction and cleaned daily
Home Health Nurse. Home Health Nurse.
Nick buys a $25 000, 5.4% bond with quarterly interest coupons, 3 years before maturity, to ... Nick buys a $25 000, 5.4% bond with quarterly interest coupons, 3 years before maturity, to ...
Craig David, MNEK - Who You Are (Preditah Remix) That Garage Sound 129 (New UKG) Craig David, MNEK - Who You Are (Preditah Remix) That Garage Sound 129 (New UKG)
Compound interest Compound interest
Construction of cDNA libraries Construction of cDNA libraries
Video: Cellular slime mold life cycle Animation

For a complete list of videos, visit our video library