Angela Montery has a five-year car loan for a Jeep Wrangler at an annual interest rate of 6.3% and a monthly payment of $703.50. After 4 years, Angela decides to purchase a new car. What is the payoff...


Angela Montery has a five-year car loan for a Jeep Wrangler at an annual interest<br>rate of 6.3% and a monthly payment of $703.50. After 4 years, Angela decides to<br>purchase a new car. What is the payoff on Angela's loan? *<br>O $8,442.00<br>O $8,160.84<br>O $8,150.84<br>O $8,165.74<br>Suppose an unpaid bill for $320 had a due date of April 10. A purchase of $28 was<br>made on April 12, and $125 was charged on April 24. A payment of $65 was made<br>on April 15. The next billing date is May 10. The interest on the average daily<br>balance is 2.5% per month., what is the finance charge on the May 10 bill? *<br>O $5.48<br>O $8.97<br>O $8.90<br>O $9.00<br>

Extracted text: Angela Montery has a five-year car loan for a Jeep Wrangler at an annual interest rate of 6.3% and a monthly payment of $703.50. After 4 years, Angela decides to purchase a new car. What is the payoff on Angela's loan? * O $8,442.00 O $8,160.84 O $8,150.84 O $8,165.74 Suppose an unpaid bill for $320 had a due date of April 10. A purchase of $28 was made on April 12, and $125 was charged on April 24. A payment of $65 was made on April 15. The next billing date is May 10. The interest on the average daily balance is 2.5% per month., what is the finance charge on the May 10 bill? * O $5.48 O $8.97 O $8.90 O $9.00

Jun 03, 2022
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