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

Author Question: Chuck Widle bought a Jeep for a cash price of 24,900. He made a 15.5 down payment and financed the ... (Read 130 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jun 24, 2018
Chuck Widle bought a Jeep for a cash price of 24,900. He made a 15.5 down payment and financed the balance with payments of 395.47 per month for 60 months. What was the amount of the finance charge on this loan?

Question 2

Paul's Record Shop sells old CDs for 7 each and cassettes for 2 each. Today they sold a total of 1,400 CDs and cassettes and took in 8,100. a. How many CD's were sold? b. What was the total dollar sales of cassettes?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Amiracle

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 24, 2018
Answer to Question 1

2,687.70

Answer to Question 2

a. 1060 CDs
b. 680


madam-professor

  • Member
  • Posts: 584
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
Glowing Base Of Tree Made By Arranging Leaves Glowing Base Of Tree Made By Arranging Leaves
The Morris Adjustable Chair, designed by Philip Webb, made by Morris, Marshall, Faulkner & Co. The Morris Adjustable Chair, designed by Philip Webb, made by Morris, Marshall, Faulkner & Co.
Quality of U.S. and Japanese-made Automobiles Quality of U.S. and Japanese-made Automobiles
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: Atrial natriuretic peptide (vasodilation) & Aldosterone

For a complete list of videos, visit our video library