Sarah is taking out a $24,400, 4-year new-car loan with an APR of 2.88%. What is the
Question:
Sarah is taking out a $24,400, 4-year new-car loan with an APR of 2.88%. What is the finance charge for this loan? Round to the nearest hundred dollars.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
Anything above the principal on the loan is a finance c...View the full answer
Answered By
Dudhat Vaidehi
I tutored mostly elementary school students privately after school and during the summer. We met in their homes or at the public library. I charged an hourly fee, and I provided any necessary materials.
Having taught in special education in two local schools for many years meant that I had contact with a lot of parents of special needs students. I never had to advertise — word of mouth was how most folks knew of me. At one point I did have a website, but didn't utilize it much. I stayed very busy, especially in the summers, and always had a full schedule. I typically met with each student's teacher in order to get an idea of what the focus of my instruction/remediation should be. Becoming familiar with the student's learning style(s) was also very helpful. Often parents would share records and test results with me. After each tutoring session, I documented the student’s progress and gave parents written updates, as well as phone calls or emails as needed.
While my students and I certainly utilized technology and the internet often during our sessions, I never tutored online or for any tutoring company, so am not familiar with the curriculums or methods used in those settings.
Tutoring one on one was very enjoyable and rewarding. My students and I had fun, and grew quite fond of one another. The extra income was a bonus. I had to retire from tutoring due to a physically handicapping disease, and miss my students very much.
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
Question Posted:
Students also viewed these Mathematics questions
-
Sarah is taking out a $24,400, four-year new-car loan with an APR of 6.88%. What is the finance charge for this loan? Round to the nearest hundred dollars.
-
Solomon is taking out a $15,320, 2-year loan with an APR of 3.29%. What will be the finance charge for this loan to the nearest dollar?
-
Juliana is taking out an $8,700, 3-year loan with an APR of 2.31%. What will be the monthly payment for this loan? Round to the nearest cent.
-
Predicting Genetic disorders in Children based on their Medical information and History Hereditary diseases is becoming more of a problem as human population grows exponentially. Genetic testing...
-
If the market is weak-form efficient, do arbitrage opportunities exist? Explain your answer. Do you think arbitrage opportunities exist? Explain your answer.
-
When a large, time- varying current fl ows through a coil, a piece of steel placed within the coil will quickly become red hot (Fig. Q21.17). Why? If a piece of copper were placed in the coil, would...
-
A thin, converging lens whose focal length is 80 cm is placed 5.0 m from a convex spherical mirror whose focal length is 50 cm (Fig. P24.99). For an object placed 1.0 m to the left of the lens,...
-
The manager of a chain of electronics stores is considering running a sale on a Lexmark printer model that contains many popular features. The store buys these printers for $60 apiece and, at the...
-
Create a WH Framework chart, similar to Exhibit 2.1. Refer to L'Oreals core values and the primary values in Exhibit 2.3 to determine the guidelines to include in the WH Framework. Exhibit 2-2 The WH...
-
1. Anheuser-Busch (A-B), which has been described as an American icon, is now under the ownership of a company based in Belgium. Responding to reports that some consumers planned to boycott Budweiser...
-
Darnelle has a $10,000, 3-year loan with an APR of 5%. She uses the table on page 159 to compute information on the loan. a. What is her monthly payment? b. What is the total of all her monthly...
-
Zeke bought a $2,300 bobsled on an installment plan. He made a $450 down payment, and he has to make monthly payments of $93.50 for the next 2 years. How much total interest will he pay?
-
In Exercises find or evaluate the integral. */2 10 1 1+ sin + cos 0 de
-
firm c has net income of 45,360 , asset turnover of 1.4 and roi 12.6% calculate firms margin,sales and average total assets
-
A poll of 1065 Americans showed that 47.2% of the respondents prefer to watch the news rather than read or listen to it. Use those results with a 0.10 significance level to test the claim that fewer...
-
Garcia Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for the cost of one unit: Standard Quantity X Standard...
-
Express the confidence interval 0.255 0.046 in the form of p-E
-
5 28 its Jay Oullette, CEO of Bumper to Bumper Incorporated, anticipates that his company's year-end balance sheet will show current assets of $12,801 and current liabilities of $7,540. Oullette has...
-
Evaluate the following limits or explain why they do not exist. Check your results by graphing. cos 0 lim_ (tan 0)os cos e 0>T/2
-
The power company must generate 100 kW in order to supply an industrial load with 94 kW through a transmission line with 0.09 resistance. If the load power factor is 0.83 lagging, find the...
-
On the most recent exam in your biology class, every student earned an A. The professor claims that he must really be a good teacher for all of the students to have done so well. Given the confounds...
-
What are internal validity and external validity, and why are they so important to researchers?
-
A college student is interested in whether there is a difference between male and female students in the amount of time they spend studying each week. The student gathers information from a random...
-
Aecerty 1067687 was completed with the folowing charaderistick Murulectere sec00 5xs:99 s35ida sputed
-
Assume todays settlement price on a CME EUR futures contract is $1.3180 per euro. You have a long position in one contract. EUR125,000 is the contract size of one EUR contract. Your performance bond...
-
Q2. Company ABC bought an equipment for $20,000 in 2015, with useful life of 5 years $5,000 residual value amortized using straight-line method. Prepare a table to illustrate the differences...
Study smarter with the SolutionInn App