Solve the problem.Maya bought a car for $11,000. To pay for it, she took a bank add-on interest loan at an annual interest rate of 10.5%. The loan term is 7 years. How much interest will she pay and what are her monthly payments?
A. $8085.00; $340.80
B. $8085.00; $454.40
C. $8185; $227.20
D. $8085.00; $227.20
Answer: D
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Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent.Markup = $5.64; Selling price = $64.04. Find the cost and the rate of markup based on cost.
A. Cost: $69.68 Rate of markup based on cost: 8.8% B. Cost: $58.40 Rate of markup based on cost: 9.7% C. Cost: $64.04 Rate of markup based on cost: 8.8% D. Cost: $69.68 Rate of markup based on cost: 8.1%
Approximate the natural logarithm with a scientific calculator. Round to four decimal places.ln 0.986
A. 0.0141 B. -0.0061 C. -0.0141 D. 0.0061
Simplify. Assume that no radicands were formed by raising negative quantities to even powers.
A. 2x2y3
B. 4xy6
C. 2xy3
D. 2x
Find the quotient and simplify.
÷ 
A. y - 2
B. 
C. 
D. 