subject
Business, 31.03.2021 20:50 Esmer1030

Jacki Marshall owes a balance of $5,000 on one credit card that charges 19 percent interest. She can pay off the balance in two years with monthly payments of $252.04. She has another credit card with a balance of $7,500 that charges 20 percent interest. She can pay off the balance in two years with monthly payments of $381.72. Jacki owns a home valued at $150,000. She can get a home equity loan for $12,500 at 8 percent interest. Jacki can repay the loan in two years with monthly payments of $565.34. How much money will Jacki save if she takes out a home equity loan to pay off the credit card balances? (Per month and for the full 24 months)

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:00
mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?
Answers: 2
question
Business, 22.06.2019 12:50
Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?
Answers: 3
question
Business, 22.06.2019 17:10
To : of $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 is$25 up to $35 ?
Answers: 1
question
Business, 23.06.2019 02:30
Match each definition in column 1 with a vocabulary word from column 2." some of the entries in column 2 do not apply costs which do not change with the level of output costs which change with the level of output the change in total costs resulting from an increase in output by one unit function showing the quantities of a particular good demanded at a range of price when the quantity supplied of a good is greater than the quantity demanded when the quantity demanded for a particular good is greater than the quantity supplied the price and quantity determined in a market when the supply equals the demand when revenue exceeds costs when costs exceeds revenue output where revenue = costs
Answers: 1
You know the right answer?
Jacki Marshall owes a balance of $5,000 on one credit card that charges 19 percent interest. She can...
Questions
question
Mathematics, 26.04.2021 20:50
question
English, 26.04.2021 20:50
question
Health, 26.04.2021 20:50
Questions on the website: 13722359