This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Ted purchased a speedboat costing 15,800 by taking out an installment loan. He made a down payment ... (Read 135 times)

formula1

  • Hero Member
  • *****
  • Posts: 666
on: Jun 24, 2018
Ted purchased a speedboat costing 15,800 by taking out an installment loan. He made a down payment of 4,000 and financed the balance for 36 months. If the payments are 383.53 each month, find the APR using Table 13-1.
 A) 8.50
  B) 10.00
  C) 10.50
  D) 10.75

Question 2

Underline the key word(s) and translate into an expression: the difference of F and 23


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ashely1112

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

the difference of F and 23
F  23


formula1

  • Member
  • Posts: 666
Reply 2 on: Jun 24, 2018
Excellent

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

A phage cross made by doubly infecting the host cell with parental phages A phage cross made by doubly infecting the host cell with parental phages
A hair is an array of many α-keratin filaments, made up of the substructures A hair is an array of many α-keratin filaments, made up of the substructures
Taking attendance in the genome Taking attendance in the genome
An aryballe vase or decanter made for carrying body oils clearly demonstrates that ancient Greeks we An aryballe vase or decanter made for carrying body oils clearly demonstrates that ancient Greeks we
An antique painting is purchased in 1980 for $995. The value increases by 3.1% e An antique painting is purchased in 1980 for $995. The value increases by 3.1% e
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: Status Epilepticus

For a complete list of videos, visit our video library