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Other Fields Homework Help Finance Topic started by: chao on Apr 25, 2021



Title: Dr. Ivana B. Payneless, a dental surgeon, just bought an Audi TTS Coupe for $69,263.14 (taxes ...
Post by: chao on Apr 25, 2021
Dr. Ivana B. Payneless, a dental surgeon, just bought an Audi TTS Coupe for $69,263.14 (taxes included). Audi offered her financing at 1.9% (APR) and her monthly payments (over a 60 month term) are $1,211.00. Consider the first monthly payment. How much of that payment is interest and how much is principal? (Interest, Principal)

▸ $23.01, $1,187.99

▸ $101.90, $1,109.10

▸ $109.67, $1,101.33

▸ $190, $1,021.00

▸ $1,211.00, $0


Title: Dr. Ivana B. Payneless, a dental surgeon, just bought an Audi TTS Coupe for $69,263.14 (taxes ...
Post by: Loruiz15 on Apr 25, 2021
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