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Author Question: A customer wants to pay off a loan at the end of 6 months on a 12-month installment loan. The ... (Read 159 times)

jilianpiloj

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on: Jun 24, 2018
A customer wants to pay off a loan at the end of 6 months on a 12-month installment loan. The monthly payments are 112.50, and the total interest charged is 87.50 . What is the final payment?
 a. 649.50
 
  b. 651.44
 
  c. 650.92
 
  d. 665.78

Question 2

In aggregate planning models, which of the following statements are correct?
 a. The number of workers available influences the possible production levels.
  b. We allow the workforce level to be modified each month through the hiring and firing of workers.
  c. We eventually allow demand to be backlogged; that is, demand need not be met on time.
  d. All of these choices are correct.


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LP

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

b

Answer to Question 2

d


jilianpiloj

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Reply 2 on: Jun 24, 2018
Excellent

matt95

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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