subject
Business, 18.02.2020 17:13 whitty

You are taking out a $20,000 auto loan to be paid over 2.5 years in 30 equal monthly payments. Suppose the current APR is 12 percent (compounded monthly). What is the outstanding amount of the loan principal right after the first monthly payment?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 22:40
Gyou plan to deposit $1,700 per year for 5 years into a money market account with an annual return of 2%. you plan to make your first deposit one year from today. what amount will be in your account at the end of 5 years? round your answer to the nearest cent. do not round intermediate calculations. $ assume that your deposits will begin today. what amount will be in your account after 5 years? round your answer to the nearest cent. do not round intermediate calculations.
Answers: 2
question
Business, 22.06.2019 04:30
Your take on decision making process
Answers: 1
question
Business, 22.06.2019 10:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)
Answers: 1
question
Business, 22.06.2019 17:00
Oliver is the vice president of production at his company and has been managing the launch of new software systems. he worked with a team of individuals who were tasked to create awareness about a specific product and also to approach potential purchasers of the product. which department managers were part of oliver’s team?
Answers: 3
You know the right answer?
You are taking out a $20,000 auto loan to be paid over 2.5 years in 30 equal monthly payments. Suppo...
Questions
question
Mathematics, 26.01.2021 22:00
question
Mathematics, 26.01.2021 22:00
question
Mathematics, 26.01.2021 22:00
question
SAT, 26.01.2021 22:00
question
Mathematics, 26.01.2021 22:00
question
Mathematics, 26.01.2021 22:00
Questions on the website: 13722361