Jaclyn has decided to purchase an $11000 car. she plans on putting $1000 down toward the purchase, and financing the rest at 4.8% interest rate for 3 years. find her monthly payment.
a) $298.81
b) $236.89
c) $226.54
d) $204.78

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.