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Patrick Would Like to Know the Monthly Payments and the Total

question 21

Essay

Patrick would like to know the monthly payments and the total finance charges on the following two loan options: (Show all work.)
a.$30,000, 9%, 36 months
b.$30,000, 9%, 48 months


Definitions:

PCC

Pyridinium chlorochromate, a reagent used in organic chemistry for the oxidation of primary alcohols to aldehydes and secondary alcohols to ketones.

Mass Spectrum

A graph or data set representing the distribution of ions by mass in a sample, used to determine the molecular mass and composition of a compound.

Base Peak

In mass spectrometry, this is the highest peak in a mass spectrum, representing the most abundant ion.

3,3-dimethyl-2-butanone

A ketone with a branched chain structure used in organic synthesis and various industrial applications.

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