Solve the problem using the loan payoff table or an amortization table.
A new fax machine cost Miller Ltd. $2,759. They are to pay it off in 18 months at 8% interest. What will each monthly payment be, and how much interest will they pay on the loan?
A. $126.03, $490.46
B. $124.79, $512.78
C. $164.44, $200.92
D. $163.17, $178.06
Answer: D
You might also like to view...
Find the difference.
- 
A. 
B. 
C. 
D. 
Use Bayes' rule to find the indicated probability.Quality Motors has three plants. Plant 1 produces 35% of the car output, plant 2 produces 20% and plant 3 produces the remaining 45%. One percent of the output of plant 1 is defective, 1.8% of the output of plant 2 is defective and 2% of the output of plant 3 is defective. The annual total production of Quality Motors is 1,000,000 cars. A car chosen at random from the annual output and is found defection. What is the probability that it came from plant 2?
A. 0.35 B. 0.559 C. 0.224 D. 0.217
Solve the problem.If f(x) = 
, f(7) = 0, and f(3) is undefined, what are the values of A and B?
A. A = 7, B = 3 B. A = 3, B = 7 C. A = -3, B = -7 D. A = -7, B = -3
Combine. Simplify the answer.
+ 
A. 
B. 
C. 
D. 