« previous next »

Author Question: You take out an installment loan to purchase a sailplane costing 34,100. You make a down payment of ... (Read 103 times)

sammy

  • Hero Member
  • *****
  • Posts: 818
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

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

the difference of 4G and 12
4G  12


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Wild chimpanzees make and use simple tools to obtain food, learning tool making from one another. Wild chimpanzees make and use simple tools to obtain food, learning tool making from one another.
Sample purchase order form. Sample purchase order form.
Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ... Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ...
When connecting a starter tester such as a Sun VAT 45 to the vehicle, make certain that the ... When connecting a starter tester such as a Sun VAT 45 to the vehicle, make certain that the ...
Throughput costing Throughput costing
Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ... Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ...
Video: Bulk flow - Factors that influence bulk flow

For a complete list of videos, visit our video library