« previous next »

Author Question: Becky Lewis financed the construction of a garage on her lot with a 9.3 add-on interest home ... (Read 57 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576
on: Jun 24, 2018
Becky Lewis financed the construction of a garage on her lot with a 9.3 add-on interest home improvement loan from the Guaranteed Savings Bank. The total price of the garage was 11,860 and was financed with equal monthly payments for 6 years. a. What is the total deferred payment price of the garage? b. How much are the monthly payments on the loan? (Round to the nearest cent)

Question 2

A plumbing supply store sells four times as many gas stoves as wood burning stoves. If sales for the month of both types totaled 65 stoves, how many gas stoves were sold?


deja

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 24, 2018
Answer to Question 1

a. 18,477.88
b. 256.64

Answer to Question 2

52 gas stoves


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Home Health Nurse. Home Health Nurse.
Who Makes The Decisions at Home? Who Makes The Decisions at Home?
How to calculate simple interest (Part 4; P = I/rt) How to calculate simple interest (Part 4; P = I/rt)
Nine $10 000, 4% bonds with interest payable semi-annually and redeemable at par are purchased ... Nine $10 000, 4% bonds with interest payable semi-annually and redeemable at par are purchased ...
Some of the symbols used in pedigree construction. Some of the symbols used in pedigree construction.
Barry Bonds hits a 125m (450') home run that lands in the stands at an altitude 30m above its ... Barry Bonds hits a 125m (450') home run that lands in the stands at an altitude 30m above its ...
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library