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

Author Question: Adriana wishes to take out an installment loan to finance the purchase of a sailplane costing ... (Read 138 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570
on: Jun 24, 2018
Adriana wishes to take out an installment loan to finance the purchase of a sailplane costing 51,600. Her loan requires a 30 down payment and equal monthly payments of 1,557.25 for 42 months. What is the amount of the finance charge on this loan?
 A) 29,284.50
  B) 25,695.27
  C) 43,580.64
  D) 48,350.00

Question 2

Solve the equation for the unknown and round to the nearest hundredth: 3C  62 = 50


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meganmoser117

  • Sr. Member
  • ****
  • Posts: 303
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

37.33


jerry coleman

  • Member
  • Posts: 570
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

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
This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern
Fundamentals of Multinational Finance Fundamentals of Multinational Finance
Principles of Managerial Finance, 14th Edition Principles of Managerial Finance, 14th Edition
Vermont Instruments manufactures two models of calculators. The finance model is the Fin-X and ... Vermont Instruments manufactures two models of calculators. The finance model is the Fin-X and ...
Vermont Instruments manufactures two models of calculators. The finance model is the Fin-X and ... Vermont Instruments manufactures two models of calculators. The finance model is the Fin-X and ...
Video: Alternative Energy Sources

For a complete list of videos, visit our video library