Solve the problem using the rule of 78.Jamal has a 60-month fixed installment loan, with a monthly payment of $270.00. The amount he borrowed was $13,500. Instead of making his 35th payment, Jamal is paying the remaining balance on the loan. How much interest will Jamal save?
A. $479.51
B. $457.63
C. $551.43
D. $431.56
Answer: A
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Find the equilibrium solution of the equation of change . Round your answer to two decimal places.
?
A. ?
B. ?
C. ?
D.
Find the acute angle, in degrees, between the lines.x - y = 7 and
x - y = -11
A. 30° B. 75° C. 45° D. 60°
The figures are similar. Find the length of the missing side indicated with an x or y.
A. x = 18 B. x = 27 C. x = 9 D. x = 13
Solve the problem using the tables below.Jack started a whole-life insurance policy for $70,000 when he was 23 years old. At age 50, the policy has a cash value of $5010 and he converts the policy to extended term insurance for the same face value. Use 20-year level term rates to estimate the number of years of extended term insurance he has using a non-tobacco rate. Round to the nearest hundredth when necessary.
A. 16.27 years B. 27.63 years C. 11.95 years D. 20.75 years