Use the Rule of 78 to find the amount of unearned interest for the loan paid in full before the date of maturity.Finance charge: $23,422Total number of payments: 34Remaining number of payments, when paid in full: 5

A. $590.47
B. $393.65
C. $417.50
D. $626.26


Answer: A

Mathematics

You might also like to view...

Find the quadratic approximation of f at x = 0.f(x) = tan-1 4x

A. Q(x) = 4x B. Q(x) 1 + 2x2 C. Q(x) = 1 - 4x2 D. Q(x) = 1 + 4x2

Mathematics

Provide an appropriate response.356 + 197 = 553197 + 356 = 553This is an example of the .

A. associative property of addition B. commutative property of multiplication C. associative property of multiplication D. commutative property of addition

Mathematics

Solve the problem.The length of a rectangular storage room is 3 feet longer than its width. If the area of the room is 40 square feet, find its dimensions.

A. 4 ft by 7 ft B. 6 ft by 9 ft C. 5 ft by 8 ft D. 4 ft by 9 ft

Mathematics

Find the amount of the ordinary annuity. Round to the nearest cent.R = $10,000, 9% interest compounded semiannually for 5 years

A. $122,882.09 B. $108,021.14 C. $345,104.32 D. $156,842.40

Mathematics