subject
Business, 22.10.2020 21:01 royalbugg

Consider a $25,000 car loan at a 3.00% APR and a 48-month term. Over 4 years of payments,
you'll pay $1,561 in total interest on the loan. If you extend that same loan to a 60-month term
(or 5 years), you'll lower your monthly payment by $104—but you'll increase the total interest
you'll pay from $1,561 to $1,953. Which loan is better and why?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 15:30
Calculate the required rate of return for climax inc., assuming that (1) investors expect a 4.0% rate of inflation in the future, (2) the real risk-free rate is 3.0%, (3) the market risk premium is 5.0%, (4) the firm has a beta of 2.30, and (5) its realized rate of return has averaged 15.0% over the last 5 years. do not round your intermediate calculations.
Answers: 3
question
Business, 22.06.2019 17:20
Arecession is defined as a period in which
Answers: 1
question
Business, 22.06.2019 23:40
8. problems and applications q8there are four consumers willing to pay the following amounts for haircuts, and there are four haircutting businesses with the following costs: consumers' willingness to payyvette: $35cho: $15sean: $45bob: $25firms' costsfirm a: $40firm b: $20firm c: $10firm d: $30each firm has the capacity to produce only one haircut.for should be given.which businesses should cut hair? check all that apply.firm afirm bfirm cfirm dwhich consumers should have their hair cut? check all that apply.bobchoseanyvettethe maximum possible total surplus is
Answers: 3
question
Business, 23.06.2019 01:00
To travelers know what to expect researchers collect the prices of commodities
Answers: 2
You know the right answer?
Consider a $25,000 car loan at a 3.00% APR and a 48-month term. Over 4 years of payments,
you'...
Questions
Questions on the website: 13722367