For Problems 13-16, Find the amount financed. 13. Owen Hawkins purchased carpentry equipment for $1,265 with a $100 down payment. 14. Audrey Copeland purchased a used car for $14,470 with a $3,000 down payment 15. Austin Powell purchased a television for $2,200 with a $500 down payment 16. Megan Barnes purchased photography equipment for $4,100 with a $1,000 down payment
For Problems 13-16, Find the amount financed. 13. Owen Hawkins purchased carpentry equipment for $1,265 with a $100 down payment. 14. Audrey Copeland purchased a used car for $14,470 with a $3,000 down payment 15. Austin Powell purchased a television for $2,200 with a $500 down payment 16. Megan Barnes purchased photography equipment for $4,100 with a $1,000 down payment
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:For Problems 13-16, Find the amount financed.
13. Owen Hawkins purchased carpentry equipment for $1,265 with a $100 down
payment.
14. Audrey Copeland purchased a used car for $14,470 with a $3,000 down payment
15. Austin Powell purchased a television for $2,200 with a $500 down payment
16. Megan Barnes purchased photography equipment for $4,100 with a $1,000 down
payment
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