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

Author Question: You wish to finance the purchase of some living room furniture for 3,800. A bank offers an APR of ... (Read 89 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
on: Jun 24, 2018
You wish to finance the purchase of some living room furniture for 3,800. A bank offers an APR of 16.75 on a 36-month installment loan. After first using Table 13-1 from your text to find the finance charge, calculate your monthly payment.
 A) 105.56
  B) 135.01
  C) 123.10
  D) 149.10

Question 2

Underline the key word(s) and translate into an equation: sales is the product of price and quantity


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

sales is the product of price and quantity
S = PQ


rlane42

  • Member
  • Posts: 594
Reply 2 on: Jun 24, 2018
:D TYSM

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

A classification system for living and extinct organisms. A classification system for living and extinct organisms.
Bill Viola, Room for St. John of the Cross. Bill Viola, Room for St. John of the Cross.
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
Offshore spawning stock biomass, Grand Bank Atlantic Cod since the early 1980s Offshore spawning stock biomass, Grand Bank Atlantic Cod since the early 1980s
Personal Finance (5th Edition) (The Personal Series in Finance) Personal Finance (5th Edition) (The Personal Series in Finance)
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ... Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ...
Video: Protein catabolism (Krebs cycle) and Protein anabolism (protein synthesis)

For a complete list of videos, visit our video library