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Author Question: You take out an installment loan to purchase a sailplane costing 34,100. You make a down payment of ... (Read 93 times)

sammy

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on: Jun 24, 2018
You take out an installment loan to purchase a sailplane costing 34,100. You make a down payment of 8,600 and finance the balance by making monthly payments of 1,176.72 for 24 months. Use the APR formula to find the APR.
 A) 12.52
  B) 8.65
  C) 9.99
  D) 4.15

Question 2

Underline the key word(s) and translate into an expression: the difference of 4G and 12


laurnthompson

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

C

Answer to Question 2

the difference of 4G and 12
4G  12


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