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

Author Question: Alex wishes to take out an installment loan to finance the purchase of a lawn mower costing 715. Her ... (Read 215 times)

james

  • Hero Member
  • *****
  • Posts: 573
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kilada

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

8.78


james

  • Member
  • Posts: 573
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Personal Finance (5th Edition) (The Personal Series in Finance) Personal Finance (5th Edition) (The Personal Series in Finance)
Lawn tennis racket Lawn tennis racket
Lawn Tennis Lawn Tennis
Lawn tennis Lawn tennis
Lawn Tennis Lawn Tennis
A mortgage loan of $132,000 at 6% compounded semiannually is to be amortized over 25 years by ... A mortgage loan of $132,000 at 6% compounded semiannually is to be amortized over 25 years by ...
Video: Cardiac Cycle (Part 1 of 4)

For a complete list of videos, visit our video library