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Author Question: Eddy purchased a club membership costing 2,530. He made a down payment of 530 and financed the ... (Read 1227 times)

big1devin

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on: Jun 24, 2018
Eddy purchased a club membership costing 2,530. He made a down payment of 530 and financed the balance with an installment loan for 48 months. If the payments are 59.27 each month, use Table 13-1 from your text to find the APR.
 A) 19.75
  B) 16.00
  C) 18.50
  D) 17.50

Question 2

Underline the key word(s) and translate into an expression: the product of A and B plus 162 more


bassamabas

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

C

Answer to Question 2

the product of A and B plus 162 more
AB + 162


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