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Author Question: Karolyn takes out an installment loan to finance the purchase of a violin costing 14,750. Her loan ... (Read 151 times)

sheilaspns

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on: Jun 24, 2018
Karolyn takes out an installment loan to finance the purchase of a violin costing 14,750. Her loan requires a 10.625 down payment and equal monthly payments of 355 for 48 months. Calculate the total deferred payment price.
 A) 22,360.33
  B) 15,960.67
  C) 21,256.62
  D) 18,607.19

Question 2

Solve the equation for the unknown: K + 98 = 602


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yotaSR5

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

D

Answer to Question 2

504


sheilaspns

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

sarah_brady415

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

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