Eli made a down payment of $1,750 on a jet ski with a purchase price of $9,925. The balance was paid for using a five-year installment loan. If the interest rate on the loan is 11.4%, what is the total cost of the jet ski?

$9,106.95

$10,762.80

$12,512.80

$13,066.80

Question

Eli made a down payment of $1,750 on a jet ski with a purchase price of $9,925. The balance was paid for using a five-year installment loan. If the interest rate on the loan is 11.4%, what is the total cost of the jet ski?

 $9,106.95

 $10,762.80

 $12,512.80

 $13,066.80

anonymous · Answer

AsqDWfghtjyuki;';lkjhgdsawerty6u78iy97

anonymous · Answer

whats AsqDWfghtjyuki;';lkjhgdsawerty6u78iy97??????????????

anonymous · Answer

simple or compound interest

anonymous · Answer

Whatever the problem states is the only information given

anonymous · Answer

hold im calculating

anonymous · Answer

Eli made a down payment of $1,750 on a jet ski with a purchase price of $9,925. The balance was paid for using a five-year installment loan. [ If the interest rate on the loan is 11.4%, the total cost of the jet ski is $10,762.80. http://ncalculators.com/loan/installment-loan-payoff-calculator.htm ]

anonymous · Answer

hope this helps and i get medal ;)

anonymous · Answer

I don't know if I trust websites :/ I want to actually know how to do the problem

anonymous · Answer

Oh and by the way , the answer you gave me was wrong

anonymous · Answer

that weird why would i gave to danger web site wtf its calculator i used that explains and answer is right i had those kind problems when i was study Math

anonymous · Answer

The answer was C, that's why I don't trust those online calculators because a lot of times they aren't right.