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Author Question: You wish to finance the purchase of a boat home for 38,600. A finance company offers an APR of 10 on ... (Read 96 times)

LCritchfi

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on: Jun 24, 2018
You wish to finance the purchase of a boat home for 38,600. A finance company offers an APR of 10 on a 24-month installment loan. After using Table 13-1 from your text to find the finance charge, calculate the monthly payment.
 A) 1,781.23
  B) 1,619.08
  C) 1,769.17
  D) 1,608.33

Question 2

Underline the key word(s) and translate into an equation: a number totals 8 times the sum of R and S


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iceage

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

A

Answer to Question 2

a number totals 8 times the sum of R and S
X = 8(R + S)


LCritchfi

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  • Posts: 519
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

mjenn52

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  • Posts: 351
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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