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Kttttttt Kttttttt
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6 years ago
A finance company offers a 48-month installment loan with an APR of 11.25. Rodrigo wishes to use the loan to finance a sports car for 26,300. After first using Table 13-1 from your text to find the finance charge, calculate his monthly payment.

Q. 2

A number decreased by 72 would be written as  B - 72  
  Indicate whether the statement is true or false

Q. 3

Holcomb Enterprises financed a new 86,000 computer system with an 8 3/4 add-on interest installment loan for 48 months. The loan required a 20 down payment. a. What are the monthly payments? b. What is the amount of loan payoff after the 36th payment?

Q. 4

For the equation  10B + 3 - B + 6 = 36 B = 18
  Indicate whether the statement is true or false
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hanndail22hanndail22
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6 years ago
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Kttttttt Author
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#2
6 years ago
Thank you so much for providing this
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