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Author Question: Adriana wishes to take out an installment loan to finance the purchase of a sailplane costing ... (Read 129 times)

jerry coleman

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on: Jun 24, 2018
Adriana wishes to take out an installment loan to finance the purchase of a sailplane costing 51,600. Her loan requires a 30 down payment and equal monthly payments of 1,557.25 for 42 months. What is the amount of the finance charge on this loan?
 A) 29,284.50
  B) 25,695.27
  C) 43,580.64
  D) 48,350.00

Question 2

Solve the equation for the unknown and round to the nearest hundredth: 3C  62 = 50


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meganmoser117

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

A

Answer to Question 2

37.33


jerry coleman

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

amit

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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