Mathematics, 20.11.2019 23:31 cutiecat66

What is the annual percentage of the loan?

1. your family is considering buying a utility shed. the cash price is $2,410.00. you will make a down payment of 5 percent of the cash price. you will take out an installment loan to cover the remainder. you will make monthly payments of $85.00 for 36 months.

2.
the colvilles are buying a new car. the cash price is $35,000.00. they will make down payment of 20% or $5,000. the balance will be covered by an installment loan. the loan will be repaid in 48 monthly payments of $651.

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What is the annual percentage of the loan?

1. your family is considering buying a utili...

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