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Author Question: You wish to finance the purchase of some living room furniture for 3,800. A bank offers an APR of ... (Read 112 times)

rlane42

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on: Jun 24, 2018
You wish to finance the purchase of some living room furniture for 3,800. A bank offers an APR of 16.75 on a 36-month installment loan. After first using Table 13-1 from your text to find the finance charge, calculate your monthly payment.
 A) 105.56
  B) 135.01
  C) 123.10
  D) 149.10

Question 2

Underline the key word(s) and translate into an equation: sales is the product of price and quantity


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jharrington11

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

B

Answer to Question 2

sales is the product of price and quantity
S = PQ


rlane42

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

kishoreddi

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Reply 3 on: Yesterday
Excellent

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