This topic contains a solution. Click here to go to the answer

Author Question: Suppose you purchase a car and you are going to finance $15,000 for 60 months at an APR of 7.5% ... (Read 102 times)

wrbasek0

  • Hero Member
  • *****
  • Posts: 560

Question 1

Suppose you purchase a car and you are going to finance $18,000 for 60 months at an APR of 7.2% compounded monthly. Find the monthly payments on the loan. Round your answer to the nearest cent.
◦ $358.12
◦ $338.63
◦ $378.47
◦ $433.13
◦ 398.39

Question 2

Suppose you purchase a car and you are going to finance $15,000 for 60 months at an APR of 7.5% compounded monthly. Find the monthly payments on the loan. Round your answer to the nearest cent.
◦ $292.09
◦ $354.34
◦ $352.28
◦ $300.57
◦ $289.99


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by wrbasek0 on May 5, 2020

ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly




wrbasek0

  • Member
  • Posts: 560
Reply 2 on: May 5, 2020
:D TYSM


recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

For a complete list of videos, visit our video library