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Calculate the table factor, the finance charge, and the monthly payment (in $) for the loan by using the APR table, Table 13-1. (Round your answers to the nearest cent.) Table Factor Finance Charge Monthly Payment Amount Number of Financed Payments $7,800 36 APR 11% $ $ $

Calculate the table factor, the finance charge, and the monthly payment (in $) for the loan by using the APR table, Table 13-1. (Round your answers to the nearest cent.) Table Factor Finance Charge Monthly Payment Amount Number of Financed Payments $7,800 36 APR 11% $ $ $

Advanced Engineering Mathematics
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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ANNUAL PERCENTAGE RATE TABLE FOR MONTHLY PAYMENT PLANS SEE INSTRUCTIONS FOR USE OF TABLES ANNUAL PERCENTAGE RATE NUMBER OF PAYMENTS 10.00% 10.25% 10.50% 10.75% 11.00% 11.25% 11.50% 11.75% 12.00% 12.25% 12.50% 12.75% 13.00% 13.25% 13.50% 13.75% (FINANCE CHARGE PER $100 OF AMOUNT FINANCED) 0.92 0.94 0.96 0.98 1.00 1.02 1.04 1.06 1.38 1.41 1.44 1.47 1.50 1.53 1.57 1.60 1.84 1.88 1.92 1.96 2.01 2.05 2.09 2.13 2.30 2.35 2.41 2.46 2.51 2.57 2.62 2.77 2.83 2.89 2.96 3.02 3.08 3.15 3.68 3.75 3.83 4.21 4.29 4.38 4.84 4.94 5.39 5.49 5.94 6.05 1 5 6 7 10 11 12 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 45 46 48 49 50 51 52 53 54 55 56 57 58 59 60 0.83 0.85 0.87 0.90 1.25 1.28 1.31 1.35 1.67 1.71 1.76 1.80 2.09 2.14 2.20 2.25 2.51 2.58 2.64 2.70 2.94 3.01 3.08 3.16 3.23 3.31 3.38 3.45 3.53 3.60 3.36 3.45 3.53 3.62 3.70 3.78 3.87 3.95 4.04 4.12 3.79 3.88 3.98 4.07 4.17 4.26 4.36 4.46 4.55 4.65 4.74 4.21 4.32 4.43 4.53 4.64 4.75 4.85 4.96 5.07 5.17 5.28 4.64 4.76 4.88 4.99 5.11 5.23 5.35 5.46 5.58 5.70 5.82 5.07 5.20 5.33 5.45 5.50 5.64 5.78 5.92 5.93 6.08 6.23 6.38 6.36 6.52 6.69 6.85 6.80 6.97 7.14 7.32 7.23 7.41 7.60 7.78 7.97 8.15 7.67 7.86 8.06 8.25 8.45 8.65 8.10 8.31 8.52 8.73 8.93 9.14 8.54 8.76 8.98 9.20 9.42 9.64 8.98 9.21 9.44 9.67 9.90 10.13 5.58 5.71 5.84 5.97 6.10 6.06 6.20 6.34 6.48 6.62 .53 6.68 6.8 6.99 7.14 7.01 7.17 7.34 7.50 7.66 7.82 7.49 7.66 7.84 8.01 8.19 8.36 16.16 16.58 17.01 16.62 17.06 17.49 6.23 6.36 6.76 6.90 7. 7.99 8.53 11.64 11.94 12.24 12.54 12.85 13.15 13.45 13.75 12.09 12.40 12.71 13.03 13.34 13.66 13.97 14.29 12.53 12.86 13.18 13.51 13.84 14.16 14.49 14.82 15.15 15.48 12.98 13.32 13.66 14.00 14.33 14.67 15.01 15.35 15.70 16.04 13.43 13.78 14.13 14.48 14.83 15.19 15.54 15.89 16.24 16.60 17.08 17.53 17.98 17.54 18.00 18.46 18.00 18.48 18.95 19.43 17.43 17.86 18.29 18.71 19.14 17.93 18.37 18.81 19.25 19.69 18.43 18.88 19.33 19.78 20.24 18.93 19.39 19.86 20.32 20.79 19.90 20.38 20.86 21.34 8.34 8.53 8.71 8.90 9.08 8.84 9.04 9.24 9.44 9.63 9.35 9.56 9.77 9.98 10.19 9.86 10.08 10.30 10.52 10.74 10.96 10.37 10.60 10.83 11.06 11.30 11.53 18.47 18.95 19.44 19.93 20.42 20.91 21.40 21.89 18.93 19.43 19.93 20.43 20.93 21.44 21.94 22.45 19.40 19.91 20.42 20.94 21.45 21.97 22.49 23.01 19.86 20.39 20.91 21.44 21.97 22.50 23.03 23.57 20.33 20.87 21.41 21.95 22.49 23.03 23.58 24.12 1.08 1.10 1.12 1.15 1.63 1.66 1.69 2.17 2.22 2.26 2.67 2.72 2.78 2.83 3.21 3.27 3.34 3.40 6.49 7.04 7.59 8.15 8.71 10.88 11.12 11.36 11.61 11.85 12.10 9.42 9.66 9.90 10.15 10.39 10.63 12.34 12.59 9.86 10.12 10.37 10.62 10.88 11.13 11.39 11.64 11.90 12.16 12.41 12.67 12.93 13.19 13.44 10.30 10.57 10.84 11.10 11.37 11.63 11.90 12.17 12.44 12.71 12.97 13.24 13.51 13.78 14.05 10.75 11.02 11.30 11.58 11.86 12.14 12.42 12.70 12.98 13.26 13.54 13.82 14.10 14.38 14.66 11.19 11.48 11.77 12.06 12.35 12.64 12.93 13.22 13.52 13.81 14.10 14.40 14.69 14.98 15.28 FRB-103-M 3.90 3.97 4.47 4.55 5.03 5.13 5.60 5.71 6.17 6.29 22.39 22.88 22.96 23.47 23.53 24.05 24.10 24.64 24.67 25.22 6.62 6.75 6.88 7.18 7.32 7.46 7.75 7. 8.05 8.31 8.48 8.64 8.88 9.06 9.23 14.06 14.36 14.67 14.97 15.28 15.59 15.89 14.60 14.92 15.24 15.56 15.87 16.19 16.51 15.81 16.14 16.47 16.80 17.13 16.38 16.72 17.07 17.41 17.75 16.95 17.31 17.66 18.02 18.38 1.72 2.30 2.88 3.46 9.27 9.46 9.64 9.83 10.02 9.83 10.03 10.23 10.43 10.63 10.40 10.61 10.82 11.03 11.24 11.18 11.41 11.63 11.85 11.76 12.00 12.23 12.46 4.05 4.64 5.22 5.82 6.41 13.89 14.25 14.61 14.97 15.33 15.70 16.06 16.43 16.79 17.16 17.53 17.90 18.27 18.63 19.00 19.38 14.34 14.71 15.09 15.46 15.84 16.21 16.59 16.97 17.35 17.73 18.11 18.49 18.87 19.25 19.63 20.02 14.79 15.18 15.57 15.95 16.34 16.73 17.12 17.51 17.90 18.29 18.69 19.08 19.47 19.87 20.26 20.66 15.25 15.65 16.05 16.44 16.85 17.25 17.65 18.05 18.46 18.86 19.27 19.67 20.08 20.49 20.90 21.31 15.70 16.11 16.53 16.94 17.35 17.77 18.18 18.60 19.01 19.43 19.85 20.27 20.69 21.11 21.53 21.95 7.01 7.60 8.20 8.81 9.41 12.84 13.08 13.70 14.32 14.95 15.57 16.20 16.83 17.46 18.10 18.74 20.43 20.87 21.30 21.73 22.17 22.60 19.57 20.00 20.13 20.58 21.02 21.46 21.91 22.36 22.81 23.25 20.69 21.15 21.61 22.07 22.52 22.99 23.45 23.91 21.26 21.73 22.20 22.67 23.14 23.61 24.09 24.56 21.82 22.30 22.79 23.27 23.76 24.25 24.73 25.22 23.38 23.88 24.38 24.88 25.38 25.88 23.98 24.49 25.00 25.51 26.03 26.55 24.57 25.10 25.62 26.15 26.6A 27.21 25.17 25.71 26.25 26.79 27.33 27.88 25.77 26.32 26.88 27.43 27.99 28.55 20.80 21.35 21.90 22.46 23.01 23.57 24.13 24.69 25.25 25.81 26.37 26.94 27.51 28.08 28.65 29.22 21.27 21.83 22.40 22.97 23.53 24.10 24.68 25.25 25.82 26.40 26.98 27.56 28.14 28.72 29.31 29.89 21.74 22.32 22.90 23.48 24.06 24.64 25.23 25.81 26.40 26.99 27.58 28.18 28.77 29.37 29.97 30.57 22.21 22.80 23.39 23.99 24.58 25.18 25.78 26.38 26.98 27.59 28.19 28.80 29.41 30.02 30.63 31.24 22.69 23.29 23.89 24.50 25.11 25.72 26.33 26.95 27.56 28.18 28.80 29.42 30.04 30.67 31.29 31.92 23.16 23.78 24.40 25.02 25.64 26.26 26.89 27.52 28.15 28.78 29.41 30.05 23.64 24.27 24.90 25.53 26.17 26.81 27.45 28.09 28.73 29.38 30.02 30.67 24.11 24.76 25.40 26.05 26.70 27.35 28.00 28.66 29.32 29.98 30.64 31.30 24.59 25.25 25.91 26.57 27.23 27.90 28.56 29.23 29.91 30.58 31.25 31.93 25.07 25.74 26.41 27.09 27.77 28.44 29.13 29.81 30.50 31.18 31.87 32.56 30.68 31.32 31.96 32.60 31.32 31.98 32.63 33.29 31.97 32.63 33.30 33.97 32.61 33.29 33.98 34.66 33.26 33.95 34.65 35.35 25.55 26.23 26.92 27.61 28.30 28.99 29.69 30.39 31.09 31.79 32.49 33.20 33.91 34.62 35.33 36.04 26.03 26.73 27.43 28.13 28.84 29.54 30.25 30.97 31.68 32.39 33.11 33.83 34.56 35.28 36.01 36.74 26.51 27.23 27.94 28.66 29.37 30.10 30.82 31.55 32.27 33.00 33.74 34.47 35.21 35.95 36.69 37.43 27.00 27.72 28.45 29.18 29.91 30.65 31.39 32.13 32.87 33.61 34.36 35.11 35.86 36.62 37.37 38.13 27.48 28.22 28.96 29.71 30.45 31.20 31.96 32.71 33.47 34.23 34.99 35.75 36.52 37.29 38.06 38.83
Transcribed Image Text:ANNUAL PERCENTAGE RATE TABLE FOR MONTHLY PAYMENT PLANS SEE INSTRUCTIONS FOR USE OF TABLES ANNUAL PERCENTAGE RATE NUMBER OF PAYMENTS 10.00% 10.25% 10.50% 10.75% 11.00% 11.25% 11.50% 11.75% 12.00% 12.25% 12.50% 12.75% 13.00% 13.25% 13.50% 13.75% (FINANCE CHARGE PER $100 OF AMOUNT FINANCED) 0.92 0.94 0.96 0.98 1.00 1.02 1.04 1.06 1.38 1.41 1.44 1.47 1.50 1.53 1.57 1.60 1.84 1.88 1.92 1.96 2.01 2.05 2.09 2.13 2.30 2.35 2.41 2.46 2.51 2.57 2.62 2.77 2.83 2.89 2.96 3.02 3.08 3.15 3.68 3.75 3.83 4.21 4.29 4.38 4.84 4.94 5.39 5.49 5.94 6.05 1 5 6 7 10 11 12 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 45 46 48 49 50 51 52 53 54 55 56 57 58 59 60 0.83 0.85 0.87 0.90 1.25 1.28 1.31 1.35 1.67 1.71 1.76 1.80 2.09 2.14 2.20 2.25 2.51 2.58 2.64 2.70 2.94 3.01 3.08 3.16 3.23 3.31 3.38 3.45 3.53 3.60 3.36 3.45 3.53 3.62 3.70 3.78 3.87 3.95 4.04 4.12 3.79 3.88 3.98 4.07 4.17 4.26 4.36 4.46 4.55 4.65 4.74 4.21 4.32 4.43 4.53 4.64 4.75 4.85 4.96 5.07 5.17 5.28 4.64 4.76 4.88 4.99 5.11 5.23 5.35 5.46 5.58 5.70 5.82 5.07 5.20 5.33 5.45 5.50 5.64 5.78 5.92 5.93 6.08 6.23 6.38 6.36 6.52 6.69 6.85 6.80 6.97 7.14 7.32 7.23 7.41 7.60 7.78 7.97 8.15 7.67 7.86 8.06 8.25 8.45 8.65 8.10 8.31 8.52 8.73 8.93 9.14 8.54 8.76 8.98 9.20 9.42 9.64 8.98 9.21 9.44 9.67 9.90 10.13 5.58 5.71 5.84 5.97 6.10 6.06 6.20 6.34 6.48 6.62 .53 6.68 6.8 6.99 7.14 7.01 7.17 7.34 7.50 7.66 7.82 7.49 7.66 7.84 8.01 8.19 8.36 16.16 16.58 17.01 16.62 17.06 17.49 6.23 6.36 6.76 6.90 7. 7.99 8.53 11.64 11.94 12.24 12.54 12.85 13.15 13.45 13.75 12.09 12.40 12.71 13.03 13.34 13.66 13.97 14.29 12.53 12.86 13.18 13.51 13.84 14.16 14.49 14.82 15.15 15.48 12.98 13.32 13.66 14.00 14.33 14.67 15.01 15.35 15.70 16.04 13.43 13.78 14.13 14.48 14.83 15.19 15.54 15.89 16.24 16.60 17.08 17.53 17.98 17.54 18.00 18.46 18.00 18.48 18.95 19.43 17.43 17.86 18.29 18.71 19.14 17.93 18.37 18.81 19.25 19.69 18.43 18.88 19.33 19.78 20.24 18.93 19.39 19.86 20.32 20.79 19.90 20.38 20.86 21.34 8.34 8.53 8.71 8.90 9.08 8.84 9.04 9.24 9.44 9.63 9.35 9.56 9.77 9.98 10.19 9.86 10.08 10.30 10.52 10.74 10.96 10.37 10.60 10.83 11.06 11.30 11.53 18.47 18.95 19.44 19.93 20.42 20.91 21.40 21.89 18.93 19.43 19.93 20.43 20.93 21.44 21.94 22.45 19.40 19.91 20.42 20.94 21.45 21.97 22.49 23.01 19.86 20.39 20.91 21.44 21.97 22.50 23.03 23.57 20.33 20.87 21.41 21.95 22.49 23.03 23.58 24.12 1.08 1.10 1.12 1.15 1.63 1.66 1.69 2.17 2.22 2.26 2.67 2.72 2.78 2.83 3.21 3.27 3.34 3.40 6.49 7.04 7.59 8.15 8.71 10.88 11.12 11.36 11.61 11.85 12.10 9.42 9.66 9.90 10.15 10.39 10.63 12.34 12.59 9.86 10.12 10.37 10.62 10.88 11.13 11.39 11.64 11.90 12.16 12.41 12.67 12.93 13.19 13.44 10.30 10.57 10.84 11.10 11.37 11.63 11.90 12.17 12.44 12.71 12.97 13.24 13.51 13.78 14.05 10.75 11.02 11.30 11.58 11.86 12.14 12.42 12.70 12.98 13.26 13.54 13.82 14.10 14.38 14.66 11.19 11.48 11.77 12.06 12.35 12.64 12.93 13.22 13.52 13.81 14.10 14.40 14.69 14.98 15.28 FRB-103-M 3.90 3.97 4.47 4.55 5.03 5.13 5.60 5.71 6.17 6.29 22.39 22.88 22.96 23.47 23.53 24.05 24.10 24.64 24.67 25.22 6.62 6.75 6.88 7.18 7.32 7.46 7.75 7. 8.05 8.31 8.48 8.64 8.88 9.06 9.23 14.06 14.36 14.67 14.97 15.28 15.59 15.89 14.60 14.92 15.24 15.56 15.87 16.19 16.51 15.81 16.14 16.47 16.80 17.13 16.38 16.72 17.07 17.41 17.75 16.95 17.31 17.66 18.02 18.38 1.72 2.30 2.88 3.46 9.27 9.46 9.64 9.83 10.02 9.83 10.03 10.23 10.43 10.63 10.40 10.61 10.82 11.03 11.24 11.18 11.41 11.63 11.85 11.76 12.00 12.23 12.46 4.05 4.64 5.22 5.82 6.41 13.89 14.25 14.61 14.97 15.33 15.70 16.06 16.43 16.79 17.16 17.53 17.90 18.27 18.63 19.00 19.38 14.34 14.71 15.09 15.46 15.84 16.21 16.59 16.97 17.35 17.73 18.11 18.49 18.87 19.25 19.63 20.02 14.79 15.18 15.57 15.95 16.34 16.73 17.12 17.51 17.90 18.29 18.69 19.08 19.47 19.87 20.26 20.66 15.25 15.65 16.05 16.44 16.85 17.25 17.65 18.05 18.46 18.86 19.27 19.67 20.08 20.49 20.90 21.31 15.70 16.11 16.53 16.94 17.35 17.77 18.18 18.60 19.01 19.43 19.85 20.27 20.69 21.11 21.53 21.95 7.01 7.60 8.20 8.81 9.41 12.84 13.08 13.70 14.32 14.95 15.57 16.20 16.83 17.46 18.10 18.74 20.43 20.87 21.30 21.73 22.17 22.60 19.57 20.00 20.13 20.58 21.02 21.46 21.91 22.36 22.81 23.25 20.69 21.15 21.61 22.07 22.52 22.99 23.45 23.91 21.26 21.73 22.20 22.67 23.14 23.61 24.09 24.56 21.82 22.30 22.79 23.27 23.76 24.25 24.73 25.22 23.38 23.88 24.38 24.88 25.38 25.88 23.98 24.49 25.00 25.51 26.03 26.55 24.57 25.10 25.62 26.15 26.6A 27.21 25.17 25.71 26.25 26.79 27.33 27.88 25.77 26.32 26.88 27.43 27.99 28.55 20.80 21.35 21.90 22.46 23.01 23.57 24.13 24.69 25.25 25.81 26.37 26.94 27.51 28.08 28.65 29.22 21.27 21.83 22.40 22.97 23.53 24.10 24.68 25.25 25.82 26.40 26.98 27.56 28.14 28.72 29.31 29.89 21.74 22.32 22.90 23.48 24.06 24.64 25.23 25.81 26.40 26.99 27.58 28.18 28.77 29.37 29.97 30.57 22.21 22.80 23.39 23.99 24.58 25.18 25.78 26.38 26.98 27.59 28.19 28.80 29.41 30.02 30.63 31.24 22.69 23.29 23.89 24.50 25.11 25.72 26.33 26.95 27.56 28.18 28.80 29.42 30.04 30.67 31.29 31.92 23.16 23.78 24.40 25.02 25.64 26.26 26.89 27.52 28.15 28.78 29.41 30.05 23.64 24.27 24.90 25.53 26.17 26.81 27.45 28.09 28.73 29.38 30.02 30.67 24.11 24.76 25.40 26.05 26.70 27.35 28.00 28.66 29.32 29.98 30.64 31.30 24.59 25.25 25.91 26.57 27.23 27.90 28.56 29.23 29.91 30.58 31.25 31.93 25.07 25.74 26.41 27.09 27.77 28.44 29.13 29.81 30.50 31.18 31.87 32.56 30.68 31.32 31.96 32.60 31.32 31.98 32.63 33.29 31.97 32.63 33.30 33.97 32.61 33.29 33.98 34.66 33.26 33.95 34.65 35.35 25.55 26.23 26.92 27.61 28.30 28.99 29.69 30.39 31.09 31.79 32.49 33.20 33.91 34.62 35.33 36.04 26.03 26.73 27.43 28.13 28.84 29.54 30.25 30.97 31.68 32.39 33.11 33.83 34.56 35.28 36.01 36.74 26.51 27.23 27.94 28.66 29.37 30.10 30.82 31.55 32.27 33.00 33.74 34.47 35.21 35.95 36.69 37.43 27.00 27.72 28.45 29.18 29.91 30.65 31.39 32.13 32.87 33.61 34.36 35.11 35.86 36.62 37.37 38.13 27.48 28.22 28.96 29.71 30.45 31.20 31.96 32.71 33.47 34.23 34.99 35.75 36.52 37.29 38.06 38.83
Calculate the table factor, the finance charge, and the monthly payment (in $) for the loan by using the APR table, Table 13-1. (Round your answers to the nearest cent.) Amount Number of Financed Payments $7,800 36 APR 11% $ Table Factor Finance Charge Monthly Payment
Transcribed Image Text:Calculate the table factor, the finance charge, and the monthly payment (in $) for the loan by using the APR table, Table 13-1. (Round your answers to the nearest cent.) Amount Number of Financed Payments $7,800 36 APR 11% $ Table Factor Finance Charge Monthly Payment
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