Business Mathematics 13th Edition by Gary Clendenen,Stanley Salzman

Exercise 3

After discussing things with Jackie Waterton at Citibank, the Hernandez's have learned that they can (1) refinance the remaining $14,900 amount on the Honda Accord at 12% over 4 years, (2) refinance the remaining $8600 loan amount on the Ford truck at 12% over 3 years, (3) refinance the remaining $121,850 loan amount on their home at 5% over 30 years, and (4) reduce their car insurance payments by $28 per month. Complete the following table.