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

Author Question: At a home show, Purcell's Kitchens was offering home improvement loans for 4 years with annual ... (Read 107 times)

skymedlock

  • Hero Member
  • *****
  • Posts: 561
on: Jun 24, 2018
At a home show, Purcell's Kitchens was offering home improvement loans for 4 years with annual percentage rates of 14.5. On complete kitchens, a 20 down payment was required. Susan Kaufman wants to finance a 14,000 kitchen for 4 years. a. Use the APR Table 13-1 from your text to calculate the finance charge on the loan. b. What would be the amount of the monthly payment? (Round to the nearest cent)

Question 2

Lance produces 20 more than 4 times what Jacob can produce in one day. If Lance's total production for the day is 360, how much does Jacob produce in one day?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scrocafella

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 24, 2018
Answer to Question 1

a. 3,625.44
b. 308.86

Answer to Question 2

85


skymedlock

  • Member
  • Posts: 561
Reply 2 on: Jun 24, 2018
Excellent

jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

History of the number of observed sunspots during the last 250 years, which shows the ~11-year solar History of the number of observed sunspots during the last 250 years, which shows the ~11-year solar
Abundant cave art after about 30,000 years ago is evidence of the importance of symbolic behavior fo Abundant cave art after about 30,000 years ago is evidence of the importance of symbolic behavior fo
Change in Bone Mass over Time In your early years, more bone mass is added than lost in your body Change in Bone Mass over Time In your early years, more bone mass is added than lost in your body
You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ... You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ...
Siri plans to retire in 18 years and would like to receive $10 000.00 per month for twenty ... Siri plans to retire in 18 years and would like to receive $10 000.00 per month for twenty ...
Here we show the first three divisions of cleavage, a process that carves up a zygote’s cytoplasm. ... Here we show the first three divisions of cleavage, a process that carves up a zygote’s cytoplasm. ...
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library