Use an annual percentage rate table to solve the problem.A cattle rancher needs to construct a new silo in which to store cattle feed. The silo will cost $2000. The rancher pays 15% as a down payment and finances the balance for 60 months at an APR of  Determine the rancher's total finance charge and monthly payment.

A. Total finance charge = $368.22; Monthly payment = $34.47
B. Total finance charge = $343.91; Monthly payment = $34.07
C. Total finance charge = $273.02; Monthly payment = $32.88
D. Total finance charge = $404.60 ; Monthly payment = $40.08


Answer: B

Mathematics

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A.
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A point lying on the terminal side of angle ? is given. Find the exact value of the indicated trigonometric function of ?.(3, 4) Find cos ?.

A.
B.
C.
D.

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Find the present value for the loan on the indicated date. Assume the value of money is 12%. Round to the nearest cent.Amount: $72,793.29Rate (ordinary): 11.6%Length of loan: 149 daysLoan made: July 23Find present value on: August 31

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Decide whether or not the matrix is a probability vector.  

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