Question

Kevin buys a motorcycle for $8,000. The dealer is charging him an annual interest rate of 9.25% and is using the add-on method to compute monthly payments. If he pays off the loan in 84 months, what are his monthly payments? If he makes a down payment of $2,400, how much will his monthly payments be? Do not round until the final answer. Then, round to the nearest cent.

Answer 1

alright i'll type this one out...

Answer 2

i just figured it out you dont need to:) at least i thinki did!

Answer 3

what'd you get?

Answer 4

156.90 and te 2nd part 109.83?

Answer 5

perfect

Answer 6

amennn

Answer 7

see after awhile it becomes second nature right? haha

Answer 8

i meeeean ... haha ive been doing math all day i just wanna diee

Answer 9

haha yeah thats my life

Answer 10

yackk

Answer 11

i take it you wont be going into engineering and finance in college then haha

Answer 12

yeah right! my advisor decided to tell me my SR YEAR that i needed a math class... sick joke

Answer 13

yeah i feel like math is a love/hate thing for most people

Answer 14

me.. only hate:)

Answer 15

so what do you wanna major in then?

Answer 16

family and human development haa

Answer 17

is that like social work or no?

Answer 18

yeah kinda! but i wanna do counseling in a hospital

Answer 19

hmm that sounds really cool, but yeah i guess no math needed for that haha

Answer 20

no none at all its ruining my life!

Answer 21

haha it seems to do that alot

Answer 22

plus they added a retarded hybrid math class for us this year and its their first year at it so there are so many problemsssss

Answer 23

yeah high school is a joke. one time i had a physics teacher from india who literally only knew one english word: yes.

Answer 24

well i wish i was in high school but im a senior in college haha

Answer 25

oh haha nvm i misunderstood. im a junior in college. where do you go?

Answer 26

arizona state!

Answer 27

nice i'm at UT in austin. you in a sorority?

Answer 28

yes sir

Answer 29

haha which one?

Answer 30

i'm in ZBT here

Answer 31

alpha phi:)
and idk if we have that??

Answer 32

yeah im not sure it might not be as big there. ahh alpha phi... do you know ali aronowitz by any chance

Answer 33

ehh not ringing a bell haha and ahh alpha phi as a good thing im hoping??

Answer 34

haha yeah of course. they're pretty good here. to tell the truth i almost knew you were in a sorority before i even asked by your picture... classic sorority pose hahaha

Answer 35

hahaha yeah guilty

Answer 36

always tell by the pic