Answer and Explanation
Your Answer is
Correct Answer is H
Explanation
6.5×32.27=209.755. Choose H.
Use the following information to answer questions 42–44.
Kaylee is planning to purchase a car. She will need to borrow some of the money and has a chart, shown below, to use to approximate her monthly payment. The chart gives the approximate monthly payment per $1,000 borrowed.
42. Kaylee found a used car she is thinking about purchasing. The list price is $8,795. She calculates that she will need to borrow $6,500. Approximately what would her monthly payment be if she borrowed the money for 36 months at an annual interest rate of 10% ?