Posted by **Brian** on Sunday, October 9, 2011 at 1:29pm.

Bill Seeker bought a boat costing $8500 with $1500 down, the balance plus add-on interest to be paid in 36 monthly installments. If the add-on interest rate was 18% find A. the total interest charged. b. the monthly payment, to the nearest dollar

## Answer This Question

## Related Questions

- Finance - John Jones buys a flat screen TV costing $1200. He pays $200 down and ...
- Finance - Rancher Rick purchased an additional 80 acres of hay ground to produce...
- Mathematics - I really need help with these three questions. Thank You. 1. ...
- Finance - Five years ago, you bought a house for $151,000. You had a down ...
- Math Finance please help - Five years ago, you bought a house for $151,000. You ...
- math - rick borrows 48,000 the loan will be a 10% add-on loan interest will be ...
- math - mr. greatest bought an aotomobile for $250,000and paid a 20% down payment...
- math - An article can be bought for cash at $20,000.00. A customer bought it on ...
- Math - The monthly loan payment was calculated at 119 payments of $348.33 plus a...
- mathematics - The monthly loan payment was calculated at 119 payments of $330.38...

More Related Questions