Find the monthly interest payments in the situation described. Assume that monthly interest rates are 1/12 of annual interest rates. Derek bought a new car for $34,000. He made a down payment of $18,000 and financed the balance through the car dealer. He was unable to make the first monthly payments. Until he makes a payment he is paying 2% interest per month on the balance.
A. $680
B. $3840
C. $320
D. $8160
Answer: C
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Decide whether the statement makes sense. Explain your reasoning.If I pay off my mortgage in 12 years instead of 24, I will have to pay about twice as much per month since I will be paying the mortgage off in half the time.
What will be an ideal response?
Solve the problem.A theater has 24 rows with 30 seats in the first row, 33 in the second row, 36 in the third row, and so forth. How many seats are in the theater?
A. 1584 seats B. 3096 seats C. 3168 seats D. 1548 seats
Find the exact value of the expression.
A. -2
B. - 
C. -
D. - 
Translate to an algebraic expression.Robbie drove his car at 70 mph for t hours. How many miles did he travel?
A. 70 - t
B. 
C. 
D. 70t