Sabrina bought a dining room set for $ 2,390 with a 12-month deferred payment with an interest rate of 24.28%. She made no payments during the deferment period. What will be the monthly payment Sabrina as if she must pay the fixed dining within two years after the period of deferment? MedlinePlus
MedlinePlus
A. $ 161.12 MedlinePlus
MedlinePlus
B. $ 126.64 MedlinePlus
MedlinePlus
C $ 99.58 MedlinePlus
MedlinePlus
D. $ 136.55 MedlinePlus
MedlinePlus
Selma bought a dining room set for $ 2,320 with a 12-month deferred payment with an interest rate of 21.92%. She made no payments during the deferment period. What will be the total cost of the dining set if she has to pay the fixed dining within two years after the period of deferment? MedlinePlus
MedlinePlus
A. $ 2882.88 MedlinePlus
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B. $ 5379.84 MedlinePlus
MedlinePlus
C $ 3586.56 MedlinePlus
MedlinePlus
D. $ 2,320.00 MedlinePlus
MedlinePlus
Susannah buying ski equipment at $ 978 with a six-month deferred payment. The interest rate after the introductory period is 21.45%. An initial payment of $ 150 is required, and a minimum monthly payment of $ 75. What is the balance at the beginning of the seventh month if only the minimum payment is made during the introductory period? MedlinePlus
MedlinePlus
A. $ 470.87 MedlinePlus
MedlinePlus
B. $ 920.87 MedlinePlus
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C $ 845.87 MedlinePlus
MedlinePlus
D. $ 487.69 MedlinePlus
MedlinePlus
Frank bought a $ 14,870 car. He made a down payment of $ 1,640. He requested an installment loan of five years with an interest rate of 9.6%. What is the total cost of the car after five years? MedlinePlus
MedlinePlus
A. $ 16,297.52 MedlinePlus
MedlinePlus
B. $ 18,350.00 MedlinePlus
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C $ 16,710.00 MedlinePlus
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D. $ 14,500.08 MedlinePlus
MedlinePlus
Kate bought a washing machine in a rental of $ 875.63. Makes 12 monthly payments of $ 88.38 with your credit card. The rental center charges $ 2.50 for each purchase made with a credit card. He also had to pay late fees in the amount of $ 45 on four different occasions. What is the total cost of the machine? MedlinePlus
MedlinePlus
A. $ 1060.56 MedlinePlus
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B. $ 1090.56 MedlinePlus
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C $ 1270.56 MedlinePlus
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D. $ 1240.56 MedlinePlus
MedlinePlus
Elliot is graduating from college in six months, but will need a loan in the amount of $ 4,850 for his last semester. Or you may receive an unsubsidized Stafford loan, with an interest rate of 6.8%, compounded monthly, or their parents can get a PLUS loan, with an interest rate of 7.8%, compounded monthly. The Stafford loan has a grace period of six months from the time of graduation. What loan will have a better balance and to what extent the time of repayment? MedlinePlus
MedlinePlus
A. The Stafford Loan has a higher balance $ 148.03. MedlinePlus
MedlinePlus
B. The PLUS loan has a balance of over $ 51.84 in. MedlinePlus
MedlinePlus
C. The PLUS loan has a balance of $ 259.64 higher. MedlinePlus
MedlinePlus
D. The Stafford Loan has a higher balance $ 327.01.