Question

XYZ
wants to but exercisr equiptmrnt that is available at two stores.
the price of the exercise equiptment is the same at both stores.
PQR health housr would let her make quartrrly payments of $4,780
fot 6 years at a quarterly interedt rate of 2.67 percent. her first
payment woulf be due immedietly. if ABC bronx would let her make
equal monhtly payments of $2190 for 5 years and it her first
payment to ABC would be in one month, then what id the monhtly
interest rate that XYZ would br charged by ABC bronx?

A 1.59%

B 1.39%

C 1.50%

d 1.61%

e. none are within .01 percentage points

Answer #1

monthly interest rate that XYZ would be charged by ABC =
**1.50% Option C**

pqr health house would let her make quarterly payment of $ 4,780
for 6 years at a quartely interest rate of 2.97 percent . her first
payment to pqr health house wiuld be due immediately. if abc bronx
bonanza would let her make equal monthly payment of $ 2,190 for 5
years and if her first oayment to abc bronx bonaza would be in 1
month , the. what is the monthly inteterest rate that xyz would be
charged by...

Brenna wants to buy a car that is available at two dealerships.
The price of the car is the same at both dealerships. Best Buggies
would let her make quarterly payments of $2,250 for 5 years at a
quarterly interest rate of 3.82 percent. Her first payment to Best
Buggies would be due immediately. If California Cars would let her
make equal monthly payments of $920 at a monthly interest rate of
1.35 percent and if her first payment to...

Brenna wants to buy a car that is available at two dealerships.
The price of the car is the same at both dealerships. Best Buggies
would let her make quarterly payments of $2,250 for 5 years at a
quarterly interest rate of 3.82 percent. Her first payment to Best
Buggies would be due immediately. If California Cars would let her
make equal monthly payments of $920 at a monthly interest rate of
1.35 percent and if her first payment to...

Bryna wants to buy a car that is available at two dealerships.
The price of the car is the same at both dealerships. Best Buggies
would let her make quarterly payments of $2,240 for 5 years at a
quarterly interest rate of 3.72 percent. Her first payment to Best
Buggies would be due in 3 months. If California Cars would let her
make equal monthly payments of $935 for 4 years and if her first
payment to California Cars would...

Mary Jo wants to buy a boat that is available at two
dealerships. The price of the boat is the same at both dealerships.
Middlefield Motors would let her make quarterly payments of
4,827.66 dollars for 8 years at a quarterly interest rate of 2.35
percent. Her first payment to Middlefield Motors would be due
immediately. If Fairfax Boats would let her make equal monthly
payments of 2,608 for 4 years and if her first payment to Fairfax
Boats would...

42. Mary Jo wants to buy a boat that is available at two
dealerships. The price of the boat is the same at both dealerships.
Middlefield Motors would let her make quarterly payments of
1,160.51 dollars for 11 years at a quarterly interest rate of 2.32
percent. Her first payment to Middlefield Motors would be due
immediately. If Fairfax Boats would let her make equal monthly
payments of 623.37 for 5 years and if her first payment to Fairfax
Boats...

ADVERTISEMENT

Get Answers For Free

Most questions answered within 1 hours.

ADVERTISEMENT

asked 9 minutes ago

asked 20 minutes ago

asked 21 minutes ago

asked 38 minutes ago

asked 39 minutes ago

asked 43 minutes ago

asked 45 minutes ago

asked 45 minutes ago

asked 45 minutes ago

asked 47 minutes ago

asked 50 minutes ago

asked 52 minutes ago