Use the information for the question(s) below.
Two years ago,you purchased a new SUV.You financed your SUV for 60 months (with payments made at the end of the month) with a loan at 5.9% APR.You monthly payments are $617.16 and you have just made your 24th monthly payment on your SUV.
-The amount of your original loan is closest to:
A) $14,808.
B) $22,212.
C) $32,000.
D) $37,020.
Correct Answer:
Verified
Q16: Use the information for the question(s)below.
Your firm
Q17: Use the table for the question(s)below.
Consider the
Q18: Use the information for the question(s)below.
Your firm
Q19: Use the table for the question(s)below.
Consider the
Q20: Suppose the interest rate is 9% APR
Q22: Use the information for the question(s)below.
Your firm
Q23: Use the following information to answer the
Q24: Use the following information to answer the
Q25: Use the information for the question(s)below.
Two years
Q26: Which of the following statements is FALSE?
A)The
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