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Author Question: Alex wishes to take out an installment loan to finance the purchase of a lawn mower costing 715. Her ... (Read 256 times)

james

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on: Jun 24, 2018
Alex wishes to take out an installment loan to finance the purchase of a lawn mower costing 715. Her loan requires a 2.75 down payment and equal monthly payments of 125.78 for 9 months. What is the amount of the finance charge on this loan?
 A) 425.47
  B) 417.02
  C) 430.64
  D) 436.68

Question 2

Solve the equation for the unknown: 20.5T = 180


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kilada

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

D

Answer to Question 2

8.78


james

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

diana chang

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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