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...IUiTil VVUIN Save ked: Score: Score: 0.67 of 1 pt 14 of 25 (25 complete) HW Score: 88.72%, 22.18 of 25 pts P7-2 (book/static) Question

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...IUiTil VVUIN Save ked: Score: Score: 0.67 of 1 pt 14 of 25 (25 complete) HW Score: 88.72%, 22.18 of 25 pts P7-2 (book/static) Question Help Shirley, a recent college graduate, excitedly described to her older sister the $1,500 sofa, table, and chairs she found today. However, when asked she could not tell her sister which interest calculation method was to be used on her credit-based purchase. Calculate the monthly payments and total cost for a bank loan assuming one-year repayment period and 14 percent interest. Now, assume the store uses the add-on method of interest calculation Calculate the monthly payment and total cost with a one-year repayment period and 12 percent interest. Using the information above, how much interest will Shirley "save" or be rebated if she can reapy the loans after six months? Click on the table icon to view the MILPF table Qu on 11 For a bank loan assuming a one-year repayment period and 14% interest, the monthly payment is $ 134.68 (Round to the nearest cent.) on 5 For a bank loan assuming a one-year repayment period and 14% interest, the total cost is $ 1616.16. (Round to the nearest cent) on 9 on 13 For the add-on loan method with one-year repayment period and 12% interest, the monthly payment is $ 140 (Round to the nearest cant) on 17 For the add-on loan method with one year repayment period and 12% interest, the total cost is $ 1680 (Round to the nearest cent) If Shirley pays the bank loan back after six months, she will save" $(Round to the nearest cont.) on 21 on 25 Enter your answer in the answer box and then click Check Answer 1 part Clear remaininn javascript:do Exercise/14); Question hirley, a er sister me-year ost with ans after Data Table - X er a bank ra bank the add the ad Monthly Installment Loan Tables ($1,000 loan ith interest payments compounded monthly) 6 12 18 24 30 36 48 60 72 84 158.62 85.15 5733 43.42 35.08 29.52 2258 18.42 15.65 13.67 168.74 85 26 57.44 43.54 35.19 29.64 22.69 18.53 15.76 13.78 168.86 85.38 57.56 43.65 35 31 29.75 22.80 18.64 15 87 13.90 168.98 8549 57.67 43.76 35.42 29.86 22.92 18.76 15.99 14.02 169.11 85.61 57.78 43.87 35.53 29.97 23.03 18.87 16.10 14.13 169 23 85.72 57.89 43.98 35.64 30.08 23.14 18.99 16 22 14 25 169.35 85.84 58.01 44.10 35.75 30.20 23.26 19.10 16.34 14.37 169.47 85.95 58.12 44.21 35.87 30.31 23.37 19.22 16.46 14.49 169.60 86.07 58.23 44.32 35.98 30.42 23.49 19.33 16.57 14.61 169.72 86.18 58.34 44.43 36.09 30.54 23.60 19.45 16.69 14.73 169.84 86.30 58.46 44.55 36:20 30.65 23.71 19.57 16.81 14.85 86.41 169.96 58.57 44.66 36.32 30.76 23.83 19.68 16.93 14.97 170.09 86.53 44.77 58.68 36.43 30.88 15.09 23.95 17.05 19.80 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00% 6.25% 6.50% 6.75% 7.00% Shirley P 96 12.19 12.31 12.42 1254 1266 12.78 12 90 13.02 13 14 13 26 13 39 1351 13 63 er your part emain Print Done OK o Question Data Table X QUU 0.00 19 92 20.04 20.16 13 76 13 88 14.01 14.14 14.26 20.28 7.0070 7.25% 7.50% 7.75% 8.00% 8.25% 8.50% 8.75% 9.00% 9.25% 9.50% 9.75% 10.00% 10.25% 10.50% 10.75% TUU 170.21 170.33 170.45 170 58 170.70 170.82 170.95 17107 171.19 171.32 171.44 171.56 171.68 171.81 171.93 86.64 86.76 86.87 86.99 87.10 87.22 87.34 87.45 87.57 87.68 87.80 87.92 88.03 88.15 88.27 30.00 58.80 58.91 59.03 59.14 59.25 59.37 59.48 59.60 59.71 59.83 59.94 60.06 60.17 60.29 60.40 44.89 45.00 45.11 45 23 45.34 45.46 45.57 45.68 45.80 45.91 46.03 46.14 46.26 46.38 46.49 DU 36.55 36.66 36.77 36 89 37.00 37.12 37.23 37.35 37.46 37 58 37.70 37.81 37.93 38.04 38.16 30 99 31.11 3122 31.34 31.45 31.57 31.68 31.80 31.92 32.03 32.15 32.27 32.38 32.50 32.62 24.06 24.18 24.30 24.41 24.53 24.65 24.77 24.89 25.00 25.12 25.24 25.36 25,48 25.60 25.72 20.40 20.52 20.64 20.76 20.88 21.00 21.12 2125 21.37 21:49 21.62 17.17 1729 17 41 17.53 17.66 17.78 17.90 18.03 18.15 18.27 18.40 18.53 18.65 18.78 18 91 15.22 15.34 15.46 15.59 15.71 15.84 15.96 16.09 16.22 16.34 16.47 16.60 16.73 16.86 16.99 14.39 14 52 14.65 14.78 14.91 15.04 15.17 15.31 15:44 15 57 Print Done OK o te 0.67 of 1 pt 14 of 25 (25 complete) -2 (book/static) HW Score: 88.72%, 22. 18 of 25 Question Help Data Table notte uming nd tot pyth 10.75% 11.00% 1125% 11.50% 11.75% 12.00% 12 25% 12.50% 12.75% 13.00% 13.25% 13.50% 13.75% 14.00% 14.25% 171.93 17205 172.18 172.30 172.42 172.55 172 67 172.80 172.92 173.04 173.17 173.29 173.41 173.54 173.66 88 27 88.38 88.50 88.62 88.73 88.85 88.97 89.08 89.20 89.32 89.43 89.55 89.67 89.79 89.90 60.40 60.52 60.63 60.75 6087 60.98 61.10 61.21 61.33 61.45 61.56 61.68 61.80 61.92 62.03 46.49 46 61 46.72 46.84 46.96 47.07 47.19 47.31 47.42 47.54 47.66 47.78 47.89 48.01 48.13 38.16 38 28 38.40 38.51 38.63 38.75 38.87 38.98 39.10 39.22 39.34 39.46 39.58 39.70 39.82 32.62 32.74 32.86 32.98 33.10 33.21 33.33 33.45 33.57 33.69 33.81 33.94 34.06 34. 18 34.30 25.72 25.85 25.97 26.09 26.21 26.33 26.46 26.58 26.70 26.83 26.95 27.08 27 20 27.33 27.45 21.62 21.74 21.87 21.99 22.12 22.24 22.37 22.50 22.63 22.75 22.88 23.01 23.14 23 27 23.40 18.91 19.03 19.16 19.29 19.42 19.55 19.68 19.81 19.94 20.07 20 21 20.34 20.47 20.61 2074 16.99 17.12 17 25 17.39 17.52 17.65 17.79 17.92 18.06 18.19 18.33 18.46 18.60 18.74 18.88 15 57 15.71 15.84 1598 16.12 16.25 16.39 16.53 16 67 1681 16.95 17.09 17.23 1737 17:51 Print Done OK ** $ o

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