This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Adriana wishes to take out an installment loan to finance the purchase of a sailplane costing ... (Read 65 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570
on: Jun 24, 2018
Adriana wishes to take out an installment loan to finance the purchase of a sailplane costing 51,600. Her loan requires a 30 down payment and equal monthly payments of 1,557.25 for 42 months. What is the amount of the finance charge on this loan?
 A) 29,284.50
  B) 25,695.27
  C) 43,580.64
  D) 48,350.00

Question 2

Solve the equation for the unknown and round to the nearest hundredth: 3C  62 = 50


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meganmoser117

  • Sr. Member
  • ****
  • Posts: 303
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

37.33


jerry coleman

  • Member
  • Posts: 570
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Fundamentals of Multinational Finance Fundamentals of Multinational Finance
Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ... Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ...
Jane was due to make loan payments of S1872 nine months ago, S3074 five month ago, and S498 in ... Jane was due to make loan payments of S1872 nine months ago, S3074 five month ago, and S498 in ...
A manufacturer of cat towers wishes to locate a super assembly facility to meet their cat tower ... A manufacturer of cat towers wishes to locate a super assembly facility to meet their cat tower ...
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ... Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ...
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ... Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ...
Video: Enzyme-Catalyzed Reactions

For a complete list of videos, visit our video library