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Author Question: Chuck Widle bought a Jeep for a cash price of 24,900. He made a 15.5 down payment and financed the ... (Read 112 times)

madam-professor

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on: Jun 24, 2018
Chuck Widle bought a Jeep for a cash price of 24,900. He made a 15.5 down payment and financed the balance with payments of 395.47 per month for 60 months. What was the amount of the finance charge on this loan?

Question 2

Paul's Record Shop sells old CDs for 7 each and cassettes for 2 each. Today they sold a total of 1,400 CDs and cassettes and took in 8,100. a. How many CD's were sold? b. What was the total dollar sales of cassettes?


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Amiracle

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Reply #1 on: Jun 24, 2018
Answer to Question 1

2,687.70

Answer to Question 2

a. 1060 CDs
b. 680


madam-professor

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

raenoj

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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