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Author Question: Trey finances a motorcycle purchase for 15,500 by taking out an installment loan for 48 months. The ... (Read 83 times)

lak

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Trey finances a motorcycle purchase for 15,500 by taking out an installment loan for 48 months. The payments were 364.20 per month and the total finance charge was 8,790. After 40 months, Trey decided to pay off the loan. After calculating the finance charge rebate, find his loan payoff amount.

Question 2

11 is to 12 as 66 is to 72.
  Indicate whether the statement is true or false



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lkoler

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Answer to Question 1

2,644.52

Answer to Question 2

TRUE




lak

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


juliaf

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Reply 3 on: Yesterday
:D TYSM

 

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