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Author Question: Franki finances a motor home for 44,300 by taking out an installment loan for 36 months. The ... (Read 81 times)

LCritchfi

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on: Jun 24, 2018
Franki finances a motor home for 44,300 by taking out an installment loan for 36 months. The payments were 1,784.31 per month and the total finance charge was 19,935.16. After 21 months, Franki decided to pay off the loan. After calculating the finance charge rebate, find the loan payoff amount.
 A) 22,490.17
  B) 23,897.36
  C) 22,417.77
  D) 23,172.73

Question 2

An electronics store sells seven times as many printers as fax machines. If sales for the month totaled 1,600 pieces, how many printers were sold?


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14vl19

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

D

Answer to Question 2

1,400 printers


LCritchfi

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

Dinolord

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Reply 3 on: Yesterday
Excellent

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