# I need help with my business math quiz

**Question description**

1. Choose the one alternative that best completes the statement or answers the question. Solve the problem.

Find the installment price of a table bought on the installment plan with a down payment of $30 and 6 payments of $51.12.

2. Find the monthly interest rate.

What is the monthly interest rate if an annual rate is 17.5%?

Solve the problem.

3. Find the amount financed on a TV with a cash price $430.00 and a down payment of $86.00.

Solve the problem.

4. Find the amount financed if a $25 down payment is made on a camera with a cash price of $260

Solve the problem.

5. Find the installment price of a laptop computer bought on the installment plan with $90 down and 36 payments of $33.05.

Solve the problem.

6. A mountain bike has a cash price of $690.00. Eric purchases the bike by making a down payment of $69.00 and 24 payments of $38.74. Find the finance charge.

Solve the problem.

7. The installment price of a watch is $310.74 with 6 monthly payments and a down payment of $30. Find the monthly payment.

Solve the problem.

8. The installment price of a food processor is $379.48 with 18 monthly payments and a down payment of $40. Find the monthly payment.

## Tutor Answer

## 8 Reviews

**Quality**

**Communication**

**On Time**

**Value**

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors