You Want to Buy a New Car

question 58

Multiple Choice

You want to buy a new car.The car you picked will cost you $32,000 and you decide to go with the dealer's financing offer of 5.9% compounded monthly for 60 months.Unfortunately,you can only afford monthly loan payments of $300.However,the dealer allows you to pay off the rest of the loan in a one time lump sum payment at the end of the loan.How much do you have to pay to the dealer when the lump sum is due?

• A) $14,000.00
• B) $21,890.43
• C) $25,455.37
• D) $22,071.75

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Definitions:

Parasympathetic Fibers

Nerve fibers of the parasympathetic nervous system, responsible for conserving energy and slowing down the heart rate among other functions.

Blood Vessel Walls

The layers of cells and tissues that form the structure of arteries, veins, and capillaries, responsible for regulating blood flow and exchange of substances with tissues.

Pelvic Nerves

Pelvic nerves refer to the network of nerves in the pelvic region, involved in controlling the bladder, bowel, genital organs, and sometimes affecting lower limb function.

Cranial Nerves

A set of twelve nerves that originate in the brain and provide motor and sensory innervation mainly to the structures within the head and neck.