A finance company offers a 36-month installment loan with an APR ...

[kshipps]

A finance company offers a 36-month installment loan with an APR of 10.5. Jerry wishes to use the loan to finance an engagement ring for 21,500. After first using Table 13-1 from your text to find the finance charge, calculate the monthly payment.
 A) 698.81
  B) 785.35
  C) 659.93
  D) 597.22

Question 2

Underline the key word(s) and translate into an equation: 6 more than 5 times a number, plus 3 times that number, is 30

[gabrielle_lawrence]

Answer to Question 1

A

Answer to Question 2

6 more than 5 times a number, plus 3 times that number, is 30
5N + 6 + 3N = 30