Author Question: Amani purchased a living room set that cost 2,700. She made a down payment of 700 and financed the ... (Read 63 times)

skymedlock

  • Hero Member
  • *****
  • Posts: 561
Amani purchased a living room set that cost 2,700. She made a down payment of 700 and financed the balance with an installment loan for 36 months. If the payments are 65.25 each month, use Table 13-1 from your text to find the APR.

Question 2

A team of five players split a bonus as follows: player one, two, three and four equally. Player five had a share that was twice as much as each individual share of the other players. If the team bonus was 75,000 how much did player five receive?



aburgess

  • Sr. Member
  • ****
  • Posts: 361
Answer to Question 1

10.75

Answer to Question 2

25,000



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

For a complete list of videos, visit our video library