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Author Question: Trey finances a motorcycle purchase for 15,500 by taking out an installment loan for 48 months. The ... (Read 39 times)

lak

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on: Jun 24, 2018
Trey finances a motorcycle purchase for 15,500 by taking out an installment loan for 48 months. The payments were 364.20 per month and the total finance charge was 8,790. After 40 months, Trey decided to pay off the loan. After calculating the finance charge rebate, find his loan payoff amount.

Question 2

11 is to 12 as 66 is to 72.
  Indicate whether the statement is true or false


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lkoler

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

2,644.52

Answer to Question 2

TRUE


lak

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

rachel

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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