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Author Question: The Aventura Country Club purchased a new lawn mower for 10,600. A down payment of 2,500 was made ... (Read 103 times)

APUS57

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on: Jun 24, 2018
The Aventura Country Club purchased a new lawn mower for 10,600. A down payment of 2,500 was made and the balance financed with monthly payments of 415.13 for 24 months. a. What is the amount of the finance charge on the loan? b. Use the APR Table 13-1 from your text to find what annual percentage rate was charged on the loan.

Question 2

If a motorcycle can travel 726 miles on 22 gallons of fuel, how many gallons are required to travel 1,452 miles?


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JCABRERA33

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

a. 1,863.12
b. 20.75

Answer to Question 2

44 gallons of fuel


APUS57

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

bimper21

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Reply 3 on: Yesterday
Excellent

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