A reasonable APR to pay for a 3- year automobile loan isA 6%40%$2000 Use estimation to select the best response. Do not calculate.If your credit card balance is $650 and the interest rate is 12%, then the credit card interest charge is$8.25$65S6.50S$82.50

Answered: Image /qna-images/answer/cdb99b5a-a315-48eb-bb19-76e22c3bcf14.jpg

Answered: A reasonable APR to pay for a 3- year…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Three invoices for the amounts of $35,300, $27,000, and $40,600 were received on August 5, 2014, September 4, 2014, and September 27, 2014, respectively. If the payment terms are 3/7, 2/30, n/60, calculate the amount that must be paid on October 4, 2014 to settle all three invoices. Round to the nearest cent
5. What is the time period of a P10,000 loan at 6.75% simple interest, in which the total amount of interest paid was P618.75?
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On April 1st, Bob the Builder entered into a contract of one-month duration to build a barn for Nolan. Bob is guaranteed to receive a base fee of $4,400 for his services in addition to a bonus depending on when the project is completed. Nolan created incentives for Bob to finish the barn as soon as he can without jeopardizing the structural integrity of the barn. Nolan offered to pay an additional 20% of the base fee if the project finished 2 weeks early and 15% if the project finished a week early. The probability of finishing 2 weeks early is 20% and the probability of finishing a week early is 65%. What is the expected transaction price with variable consideration estimated as the expected value? Multiple Choice $5,005 $4,180 $5,862 $4,400

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