The table shows a schedule of Jorge's payment plan for a car. Jorge's Payment Plan Year Balance Monthly Payment End of Year Balance 1 $15,469.80 $257.83 2 $257.83 3 $257.83 4 $257.83 5 $257.83 6 $257.83 How many years will it take Jorge to pay off the loan? 3 years 4 years 5 years 6 years
the correct answer is 5 years.
257.83x12 is 3,093.97
3,093.97x5 = 1549.80
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The table shows a schedule of Jorge's payment plan for a car. Jorge's Payment Plan Year Balance Monthly Payment End of Year Balance 1 ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Jasmine is converting £200 to euros. The exchange rate is € 1 = 77p. How many euros will she get?
Answers (1)
Find the volume of a triangular pyramid with a base height of 5 inches, base length of 3 inches, and a height of 6 inches.
Answers (2)
Converting 15/10 to a percentage
Answers (1)
Factor completely 4ab - 7ax + 8b - 14x. (4b - 7x) (a + 2) (4b + 7x) (a + 2) (4b - 7x) (a - 2) Prime
Answers (1)
What is exspanded notation for 3.6 and 4
Answers (1)
New Questions in Mathematics
There is a geometric theorem that says if two lines are perpendicular to the same line, they are parallel to each other explain why this is true by writing & comparing equations
Answers (1)
How do you graph (y=-1/2x-1) (y=-3x+4)
Answers (1)
A motorboat travels 448 kilometers in 8 hours going upstream and 516 kilometers in 6 hours going downstream. What is the rate of the boat in still water and what is the rate of the current?
Answers (1)
Jack made 50% more smoothies than yesterday. If he made 30 smoothie today how many did he make yesterday?
Answers (2)
Mr. Ramirez has enough money to fence one of his rose gardens, how many feet of fencing will he need if both gardens have the same perimeter
Answers (1)