Use the Table to Estimate the Monthly Payment for the Loan

question 63

Multiple Choice

Use the table to estimate the monthly payment for the loan. $47,500; 20 years; 8% ">$\text { cellpadding="0" cellspacing="0" align }=\text { "center" width }=" 99 \% \text { " border }=" 1 ">$

$\text { Monthly Cost to Finance } \$ 1,000$

• A) $668.80
• B) $397.10
• C) $3,176.80
• D) $1,600.00
• E) $31.77

---

Definitions:

Personal Protective Equipment

Clothing or gear designed to protect individuals from specific hazards and risks in the workplace or environment, including masks, gloves, and safety goggles.

Safety Glasses

Protective eyewear designed to prevent injury or damage to the eyes from physical hazards, particles, or light radiation.

Economic Feasibility

The assessment of the cost-effectiveness of a proposed project or solution.

Costs

The expenses or expenditures incurred in the execution of an activity, project, or operation.