subject
Business, 19.03.2021 02:00 Andychulo7809

You have just taken out an installment loan totaling $50,000 to purchase a 1969 Pontiac Lemans convertible at 4% interest rate. The loan will be repaid over three years with equal annual payments. What is the amount of the equal annual payment and how much will your total payments throughout the loan exceed the $50,000 principal amount

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 18:20
When someone buys a fourth television for his or her house, what is the result? a. there's a decrease in the marginal utility of the television. b. the increase in demand brings leads to higher prices for televisions. c. the production of televisions becomes more efficient. d. there's a rise in the opportunity cost of buying other goods.
Answers: 2
question
Business, 22.06.2019 04:40
Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a.they set the prime rateob.they monitor functioning of banks in their through onsite and offsite reviewsc.they assess taxes in their destnictd.they write fiscal policies
Answers: 1
question
Business, 22.06.2019 17:30
Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. some information about the students is listed in this chart: which describes which ctso each student should join?
Answers: 1
question
Business, 22.06.2019 23:00
Which of the following represents an unlimited queue? a. toll booth serving automobiles on the interstateb. drive through lane at a fast food restaurantc. faculty office with limited seating during office hoursd. restaurant with no outside seating and limited capacity due to fire departments restrictionse. small barbershop with only 5 chairs for waiting customers
Answers: 3
You know the right answer?
You have just taken out an installment loan totaling $50,000 to purchase a 1969 Pontiac Lemans conve...
Questions
question
Mathematics, 28.09.2020 23:01
Questions on the website: 13722363