Use an annual percentage rate table to solve the problem.In order to make some home improvements, a home owner spent $20,000. He paid 15% as a down payment and financed the balance of the purchase with a
fixed installment loan with an APR of
Determine the home owner's total finance charge and monthly payment.
A. Total finance charge = $2562.00; Monthly payment = $626.72
B. Total finance charge = $1006.40; Monthly payment = $500.18
C. Total finance charge = $1205.30; Monthly payment = $505.70
D. Total finance charge = $2920.60; Monthly payment = $553.35
Answer: C
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Estimate the magnitude of the error involved in using the sum of the first four terms to approximate the sum of the entire series.
A. 1.56 × 10-2 B. 3.13 × 10-2 C. 6.25 × 10-3 D. 2.60 × 10-3
Find the missing value and write a conclusion.39% of what number is 78?
A. 39% of 0.5 is 78. B. 39% of 50 is 78. C. 39% of 2000 is 78. D. 39% of 200 is 78.
Find the corresponding angle measure in radians.45°
A.
B.
C.
D.
Solve the problem.An experienced accountant can prepare a certain complexity of tax return in 20 hr. A novice accountant can do the job in 24 hr. How long will it take them to do the job working together?
A. 120 hr
B. 10 hr
C. hr
D. hr