A Truck Costing $112,000 Is Paid Off in Monthly Installments

question 87

Multiple Choice

A truck costing $112,000 is paid off in monthly installments over four years with 8% APR.After three years the owner wishes to sell the truck.What is the closest amount from the following list that he needs to pay on his loan before he can sell the truck?

• A)$24,867
• B)$28,678
• C)$31,432
• D)$87,255
• E)$44,792

---

Definitions:

Social Performances

Refers to the ways individuals and groups present themselves and their roles in society through actions and behaviors in specific contexts.

Judith Butler

An American philosopher and gender theorist whose work has influenced feminism, queer theory, political philosophy, and ethics.

Homosexual Social Organization

A structural and cultural system within the homosexual community, including social practices, norms, and institutions.

Feminist Theories

A diverse range of ideas and perspectives that seek to understand and address the inequalities and power imbalances between genders.