Question: Foe # 6 - 8, answer the questions. Where appropriate, show work using the formulas given in the Unit 3 notes to support your answers.

Foe # 6 - 8, answer the questions. Where appropriate, show work using the formulas given in the Unit 3 notes to support your answers. 6. Thomas (from problem #5) inherits a large rum of memey and decides to pay off his loan. If the loan is paid off 36 months early, what is the papof amount Show your work (joy 7. Maria needs to find a car and is deciding between buying a new car or leasing a cas. (Tpg) 1) Give a reason that she should lease a car instead of loaning money for a new car. b) Give a reason that she should get a loan for a new car instead of leasing a car. & At the beginning of June, you started with a balance of $2975 on your credit card. On April 2 you charged a laptop for $675. On April 8, you charged an Amazon gift card for 1200. On April 22, you returned a $150 iPad you had previously purchased. On April 24, you charged $50 for a dinner at Lariode 42. Your credit card company charges 198% interest. Complete the chart below (a few boxes have been filed in for you), then answer the questions that falkrev. (3pay) Dare Payments () of Balance Each Number of Days Until Unpaid Balance Purchases (+) Day Balance Changes Times Number of Days April 1 X $2975 $2975 April 2-3 April 8-21 April 22-23 April 24-30 Total: b) Find the average duly balance Show your work (2pig) ") Had the finance charge for the month. Show your work. (2At)
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