subject
Mathematics, 12.03.2021 18:50 dianaosorio33895

Problem #2. Your financed a $35,000 kitchen renovation project with 5.25% add-on interest installment loan for 36 month. The loan required 15% down payment. Show your work for all parts of the problem. (a) What is the finance charge on the loan? (b) What are the monthly payments? (c) What annual percentage rate is being charged on the loan?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 22:30
Adeposit of 5500 at 6% for 3 years equals
Answers: 2
question
Mathematics, 21.06.2019 23:00
Unaware that 35% of the 10000 voters in his constituency support him, a politician decides to estimate his political strength. a sample of 200 voters shows that 40% support him. a. what is the population? b. what is the parameter of interest? state its value c. what is the statistics of the interest? state its value d. compare your answers in (b) and (c) is it surprising they are different? if the politician were to sample another 200 voters, which of the two numbers would most likely change? explain
Answers: 2
question
Mathematics, 22.06.2019 00:30
The scatter plot shows the number of animal cells clara examined in a laboratory in different months: plot ordered pairs 1, 20 and 2, 60 and 3,100 and 4, 140 and 5, 180 what is the approximate predicted number of animal cells clara examined in the 9th month?
Answers: 3
question
Mathematics, 22.06.2019 01:00
Arrange the steps to solve this system of linear equations in the correct sequence. x + y = -2 2x – 3y = -9 tiles subtract 3x + 3y = -6 (obtained in step 1) from 2x – 3y = -9 (given) to solve for x. substitute the value of x in the first equation (x + y = -2) to get y = 1. the solution for the system of equations is (-3, 1). x = -15 the solution for the system of equations is (-15, 13). add 3x + 3y = -6 (obtained in step 1) to 2x – 3y = -9 (given), and solve for x. x = -3 substitute the value of x in the first equation (x + y = -2) to get y = 13. multiply the first equation by 3: 3(x + y) = 3(-2) 3x + 3y = -6.
Answers: 1
You know the right answer?
Problem #2. Your financed a $35,000 kitchen renovation project with 5.25% add-on interest installmen...
Questions
question
Health, 28.01.2020 12:31
question
English, 28.01.2020 12:31
Questions on the website: 13722367