Solve the problem. Use an annual percentage rate table if necessary.A farmer buys a new tractor for $35,000. He makes a down payment of $10,000 and finances the balance at 
APR over 48 months. Before making the 12th payment, the farmer decides to pay the remaining balance on the loan. How much interest will the farmer save (use the actuarial method)?
A. $2662.60
B. $3025.78
C. $3692.04
D. $2739.79
Answer: A
Mathematics
You might also like to view...
Find the limit.
ey2 sin-1
A. 1
B. 
C. 0
D. ?
Mathematics
Compute the value of the given expression.
A. 1 B. 5 C. -1 D. -5
Mathematics
Determine whether the given point is on the graph of the equation.y = 
; 
A. Yes B. No
Mathematics
Multiply.436 ? 9246
A. 4,030,256 B. 4,031,256 C. 4,031,356 D. 4,041,256
Mathematics