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Author Question: Hal Jacobsen purchased a lawn mower priced at 340 on an installment plan. Hal put 10 down and will ... (Read 182 times)

Metfan725

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  • Posts: 552
on: Jun 24, 2018
Hal Jacobsen purchased a lawn mower priced at 340 on an installment plan. Hal put 10 down and will pay the remaining balance in 12 monthly payments of 36 each. How much is Hal paying in finance charges?
 A) 34
  B) 92
  C) 126
  D) 138

Question 2

Kaylah has a charge card with a monthly rate of 1.7 on amounts up to 1,000 and 1.1 on amounts over 1,000. Kaylah's previous balance was 1,406.35. She made a payment of 250, charged 113.48, and was issued a credit for 129.63. Using the previous balance method, what is her new balance?
 A) 1,920.93
  B) 1,420.93
  C) 1,307.45
  D) 1,170.93


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Ksanderson1296

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

B


Metfan725

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Reply 2 on: Jun 24, 2018
Excellent

bbburns21

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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