Solve the problem using the rule of 78s.A college student buys a used car for $5000. She makes a down payment of $1,100 and finances the balance at 8.5% APR over 24 months. Before making the 15th payment, she decides to pay the remaining balance on the loan. How much interest will the student save?
A. $53.18
B. $46.24
C. $58.49
D. $68.18
Answer: A
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Solve the problem.The Montgomerys borrowed $86,000 at 7.50% for 30 years to purchase a house. Find the total interest the Montomerys will pay if they pay the loan on schedule.
A. $142,794.40 B. $135,673.60 C. $130,410.40 D. $119,884.00
Based on the ordered pairs seen in the pair of tables, make a conjecture as to whether the function defined in Y1 is even, odd, or neither even nor odd.
A. Odd B. Neither even nor odd C. Even
Solve the problem.The weight of a certain gas is 3 kg per cubic meter. How many cubic meters would be occupied by 64 kg of the gas?
A. 20 m3
B. m3
C. 819 m3
D. 21 m3
Multiply and simplify.(1 + cot ?)2
A. csc2 ? + 2 cot ? B. sin ? + csc ? C. cos2 ? - cot ? D. 1 + 2 sin2 ?