Solve the problem.Kevin buys a motorcycle for $8000. The dealer is charging him an annual interest rate of 9.75%. If he pays off the loan in 108 months, what are his monthly payments? If he makes a down payment of $2700, how much will his monthly payments be?
A. $139.07; $92.14
B. $278.15; $92.14
C. $139.07; $186.01
D. $139.07; $184.27
Answer: A
You might also like to view...
Simplify.Write 64,776 in words.
A. sixty thousand, seven hundred seventy-six B. sixty-four thousand, seven hundred seventy-six C. sixty-four thousand, seventy-seven hundred, six D. six thousand, seven hundred seventy-six
Find the percent change if a quantity changes from P1 to P2. Round your answer to the nearest tenth if appropriate.P1 = $15, P2 = $56
A. -73.2 B. -273.3 C. 73.2 D. 273.3
Provide an appropriate response.A student is told that there are two solutions to the problem 4x2 = 7x. The student can only find one, namely, x = . How can you advise him or her?
What will be an ideal response?
Solve the problem.A cup of coffee is heated to 194° and is then allowed to cool in a room whose air temperature is After 11 minutes, the temperature of the cup of coffee is
Find the time needed for the coffee to cool to a temperature of 102°. Assume the cooling follows Newton's Law of Cooling: U = T + (Uo - T)ekt.(Round your answer to one decimal place.)
A. 29.7 minutes B. 26.4 minutes C. 41.1 minutes D. 15.1 minutes