Solve the Problem. -An Item Is Purchased for $10,000 with a Down Payment

question 211

Multiple Choice

Solve the problem.
-An item is purchased for $10,000 with a down payment of $3000. There is a finance charge of $2000. Find the monthly payment if 60 payments are made.

• A)$116.67
• B)$150.00
• C)$200.00
• D)None of the above is correct.

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Definitions:

Therapeutic Communication

Techniques used by healthcare providers to support the patient's mental and emotional well-being, facilitating effective information exchange and relationship building.

Active Listening

The process of fully concentrating, understanding, responding, and remembering what is being said.

Giving Approval

The act of formally agreeing to or endorsing a plan, action, or idea.

Empathy

Identification with or sensitivity to another person’s feelings and problems.