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Financial Math
Credit and Types of Loans — Test
Question 13
13
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Multiple Choice
Credit and Types of Loans — Test
Question 13 • Financial Math
Mari has just made her last payment on her car. The lifetime of the loan was 36 months. The bank financed her for 15 dollars comma 000 at 6 point 7 1 percent How much did Mari actually pay, after she made her last payment, for the car?
Answer
A
18 dollars comma 205 point 3 0
B
17 dollars comma 001 point 2 0
C
15 dollars comma 000
D
16 dollars comma 602 point 1 2
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Mari has just made her last payment on her car…