Question: Please keep anwser in graph form as you see here so it is easy to understand. begin{tabular}{|c|c|c|c|c|c|c|c|} hline Cost & ShippingCharges & SetupCharges & TotalCost
Please keep anwser in graph form as you see here so it is easy to understand.



\begin{tabular}{|c|c|c|c|c|c|c|c|} \hline Cost & ShippingCharges & SetupCharges & TotalCost & SalvageValue & EstimatedUsefulLife(years) & TotalDepreciation & AnnualDepreciation \\ \hline$88,300 & $625 & $2,500 & $91,425 & $7,000 & 7 & $79389.3 & $1,425 \\ \hline \end{tabular} Calculate the missing information on the revolving credit account. Interest is calculated on the unpaid or previous month's balance. (Round dollars to the nearest cent.) Calculate the amount financed, the finance charge, and the monthly payments (in $ ) for the add-on interest loan. (Round your answers to the nearest cent.) \begin{tabular}{|c|c|c|c|c|c|c|} \hline Purchase(Cash)Price & DownPayment & AmountFinanced & Add-onInterest & NumberofPayments & FinanceCharge & MonthlyPayment \\ \hline$766 & 10% & $ & 7% & 12 & $ & $ \\ \hline \end{tabular}
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
