Vehicle Loan Review

If the APR on an auto loan is 7.65% what will you use when calculating the finance charge?

• 7.65

• 0.765

• 0.0765

• 0.00765

How many years is 24 months

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CCSS.4.MD.A.1

How many years is 36 months

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CCSS.4.MD.A.1

How many years is 48 months

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CCSS.4.MD.A.1

How many years is 60 months

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CCSS.4.MD.A.1

How many years is 72 months

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CCSS.4.MD.A.1

How many years is 84 months

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CCSS.4.MD.A.1

66 months is (a)   years

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CCSS.5.MD.A.1

Calculate the finance charge for a car loan of $12,000 at 6.7% APR over 60 months

• $4,020

• $16,020

• $40,200

• $48,240

Tags

CCSS.7.RP.A.3

Calculate the monthly payment for a car loan of $12,000 at 6.7% APR over 60 months

• $267

• $534

• $670

• $804

Tags

CCSS.8.EE.C.7B