« previous next »

Author Question: May finances a refrigerator for 1,250 by taking out an installment loan for 48 months. The payments ... (Read 78 times)

cagreen833

  • Hero Member
  • *****
  • Posts: 544
on: Jun 24, 2018
May finances a refrigerator for 1,250 by taking out an installment loan for 48 months. The payments are 38.54 per month and the total finance charge is 599.92. After 30 months, May decided to pay off the loan. After calculating the finance charge rebate (using the Rule-of-78), find her loan payoff.
 A) 896.96
  B) 606.49
  C) 425.04
  D) 824.96

Question 2

Georgia produces 40 more than 3 times what Harriet can produce in one day. If Georgia's total production for the day is 160, how much does Harriet produce in one day?


Briannahope

  • Sr. Member
  • ****
  • Posts: 364
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

40


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Taking a Patient’s Axillary Temperature Taking a Patient’s Axillary Temperature
6 months in the uterus 6 months in the uterus
The Sidereal and Synodic Months The Sidereal and Synodic Months
Taking an interesting course can help keep your brain active. These seniors are taking a class in ... Taking an interesting course can help keep your brain active. These seniors are taking a class in ...
Helgeson Company has identified the following items for possible inclusion when taking a ... Helgeson Company has identified the following items for possible inclusion when taking a ...
Rola Inc. borrowed $42 000.00 at 7% compounded semi-annually. The loan is repaid by payments of ... Rola Inc. borrowed $42 000.00 at 7% compounded semi-annually. The loan is repaid by payments of ...
Video: Functional zones in a mitochondrion

For a complete list of videos, visit our video library