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Author Question: Auto Loans R Them loans you 24,000 for four years to buy a car. The loan must be repaid in 48 equal ... (Read 119 times)

Jkov05

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Auto Loans R Them loans you 24,000 for four years to buy a car. The loan must be repaid in 48
  equal monthly payments. The annual interest rate on the loan is 9 percent. What is the monthly
  payment?
 
  A) 543.79 B) 563.82 C) 597.24 D) 500.92

Question 2

A provision included in a claims-made commercial general liability policy provides coverage for claims filed after the policy has expired. This provision is called a(n)
 
  A) extended reporting period provision.
  B) agreed amount endorsement.
  C) retroactive date provision.
  D) per-occurrence limit clause.



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potomatos

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Answer to Question 1

C

Answer to Question 2

Answer: A





 

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