Explain what happens if the APR is the same, but the number of months of the installment loan increases. Explain what happens if the number of months of a loan is the same but the APR increases. Answer in complete sentences.

$79500

step-by-step explanation:

134.6 us dollars

step-by-step explanation:

1 us dollar = 1.33 canadian dollars

so, 150 us dollars = 150 × 1.33 = $199.5.

in canada, the money mitchell spent = 20 canadian dollars.

remaining canadian dollars with him = 199.5 - 20 = 179.5.

after mitchell returned to us, he exchanged the remaining canadian dollars to us dollars.

179.5 canadian dollars = 179.5 × 0.75 = 134.6 us dollars.

yes, i think so although i am not sure. this is a very strange question.