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

Author Question: Marisol finances a sports car for 27,100 by taking out an installment loan for 36 months. The ... (Read 107 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Jun 24, 2018
Marisol finances a sports car for 27,100 by taking out an installment loan for 36 months. The payments were 978.61 per month and the total finance charge was 8,129.96. After 22 months, Marisol decided to pay off the loan. After calculating the finance charge rebate, find her loan payoff amount.
 A) 13,700.54
  B) 12,418.79
  C) 12,995.85
  D) 14,862.23

Question 2

An accounting firm has 24 partners. Twelve partners are senior partners and twelve are junior partners. The senior partners receive twice as much as the junior partners. A net income of 22,600,000 is earned for the year. How much will each junior partner receive?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

djofnc

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

627,777.78


SO00

  • Hero Member
  • *****
  • Posts: 568
Reply #2 on: Jun 24, 2018
Correct answers!


djofnc

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: Jun 24, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

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?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

A pet dog taking part in Christmas traditions A pet dog taking part in Christmas traditions
Head impact during sports may reduce ability to acquire new information Head impact during sports may reduce ability to acquire new information
These young children are taking the initiative to explore their environment as they examine a snail These young children are taking the initiative to explore their environment as they examine a snail
Taking a Patient’s Axillary Temperature Taking a Patient’s Axillary Temperature
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
Pregnant woman taking precautions to prevent a toxoplasmosis infection by (a) having someone else ... Pregnant woman taking precautions to prevent a toxoplasmosis infection by (a) having someone else ...
Video: Ultrasound of a Fetus (Sonogram)

For a complete list of videos, visit our video library