subject
Mathematics, 25.07.2019 22:00 woahhh17

Kay has decided to take out a $23,100 loan, and she wants to pay it back in quarterly installments. she has narrowed her options down to two banks. bank v offers a six-year loan with an interest rate of 4.6%, compounded quarterly, and has a service charge of $822.45. bank w offers an eight-year loan with an interest rate of 3.9%, compounded quarterly, and a service charge of $722.25. which loan will have the greater total finance charge, and how much greater will it be? round all dollar values to the nearest cent. a. loan w's finance charge will be $335.96 greater than loan v's. b. loan w's finance charge will be $436.16 greater than loan v's. c. loan v's finance charge will be $263.10 greater than loan w's. d. loan v's finance charge will be $100.20 greater than loan w's. question is worth 70 points.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 23:00
Acompany made a profit of 75000 over a period of 6 years on an initial investment of 15000 what is the annual roi
Answers: 1
question
Mathematics, 21.06.2019 23:30
Identify the slope an intercept of the following linear equation y = 1/5x - 6 a. slope: 1/5; intercept: -6 b. slope: 5; intercept: -6 c. slope: -1/5; intercept: 6 d. slope: 1/5; intercept: 6
Answers: 2
question
Mathematics, 22.06.2019 00:00
Apack of gum would be considered a(n) necessity luxury item small ticket item unaccountable expense
Answers: 2
question
Mathematics, 22.06.2019 01:00
Calculate the total payback for a $3,500 loan at 8% annual interest with monthly payments for two years. show all of your steps. use the formula, m = pm(1 + m)^na/(1 + m)^na - 1, as needed.
Answers: 1
You know the right answer?
Kay has decided to take out a $23,100 loan, and she wants to pay it back in quarterly installments....
Questions
question
Mathematics, 03.05.2021 17:40
question
Mathematics, 03.05.2021 17:40
question
Mathematics, 03.05.2021 17:40
question
English, 03.05.2021 17:40
question
Mathematics, 03.05.2021 17:40
question
History, 03.05.2021 17:40
question
German, 03.05.2021 17:40
question
Mathematics, 03.05.2021 17:40
Questions on the website: 13722360