Bob Johnson found a car he wanted to buy at Autorama Auto Sales. He had the option of paying $12,500 in cash or financing the car with a 4-year installment loan. The loan required a 15% down payment and equal monthly payments of $309.90 for 48 months.
a. What is the finance charge on the loan?
b. What is the total deferred payment price of Bob’s car?
Single Variable Calculus
Precalculus: Mathematics for Calculus (Standalone Book)
Essentials of Statistics for The Behavioral Sciences (MindTap Course List)
Intermediate Algebra
Finite Mathematics and Applied Calculus (MindTap Course List)
Elementary Geometry For College Students, 7e
Essentials Of Statistics
Finite Mathematics
Understanding Basic Statistics
Mathematical Excursions (MindTap Course List)
Applied Calculus
Calculus: Early Transcendentals
Probability and Statistics for Engineering and the Sciences
Multivariable Calculus
Mathematical Applications for the Management, Life, and Social Sciences
Statistics for The Behavioral Sciences (MindTap Course List)
Elementary Technical Mathematics
Calculus (MindTap Course List)
Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach
Calculus: Early Transcendental Functions
Single Variable Calculus: Early Transcendentals, Volume I
Calculus: An Applied Approach (MindTap Course List)
Single Variable Calculus: Early Transcendentals
Calculus: Early Transcendental Functions (MindTap Course List)
Calculus of a Single Variable
Elements Of Modern Algebra
Trigonometry (MindTap Course List)
Elementary Geometry for College Students
Finite Mathematics for the Managerial, Life, and Social Sciences
Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th
Study Guide for Stewart's Multivariable Calculus, 8th
Statistics for Business & Economics, Revised (MindTap Course List)
Introduction To Statistics And Data Analysis
Research Methods for the Behavioral Sciences (MindTap Course List)
College Algebra (MindTap Course List)
Mathematics For Machine Technology
Calculus (MindTap Course List)
Research Methods for the Behavioral Sciences (MindTap Course List)
Multivariable Calculus
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
Mathematics: A Practical Odyssey
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
Essentials Of Statistics For Business & Economics
A First Course in Differential Equations with Modeling Applications (MindTap Course List)
Discrete Mathematics With Applications
Introductory Statistics
College Algebra