Mr Sanchez Bought a Tool Set for 12 Monthly Payments

question 16

Multiple Choice

Mr. Sanchez bought a tool set for 12 monthly payments of $45.78 each and a total finance charge of $62.89 He paid the tool set off 4 months early. What is the final payment?

• A) $222.53
• B) $243.50
• C) $251.56
• D) $377.34

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Definitions:

Menopause

The natural cessation of menstruation that typically occurs in women in their late 40s to early 50s, marking the end of fertility.

Glandular Tissue

Specialized tissue found in glands of the body, responsible for secreting hormones or other substances necessary for bodily functioning.

Breast Elasticity

The natural flexibility and resilience of breast tissue, which can decrease with age, breastfeeding, or weight changes.

Suspensory Ligaments

Structures that attach the lens of the eye to the ciliary body, adjusting the lens shape for focusing.