subject
Social Studies, 02.02.2021 17:30 J3ak06

Which statement best compares these two loans? Loan A
Loan B
Loan
amount
$15,000
$10,000
The annual percentage rate for loan A is higher
than the rate for loan B.
The interest for loans A and B will cost the borrower
the same amount over time.
The interest is about half the principal for A and
almost equal to the principal for B.
The total payment for A is higher than for B, even
though the principal is actually lower.
APR
17%
19%
Loan
repayment
term
5 years
5 years
Total
interest
paid
$7,367.32
$9.857.02
Done

ansver
Answers: 2

Another question on Social Studies

question
Social Studies, 22.06.2019 09:30
Should the u.s limit the number of terms a lawmaker serves in the u.s congress 5 paragraph response argumentative
Answers: 2
question
Social Studies, 22.06.2019 14:00
Look at the graphic, which describes the steps of analyzing a writing prompt.which word best completes the graphic? a. formatb. thesisc. idead. directive
Answers: 1
question
Social Studies, 22.06.2019 14:30
What will most likely happen if tony continues to make late payments? check all that apply. the bank might take his car.the bank will charge late fees.his credit history might be damaged.he might be charged a down payment.he might have to add an asset to the loan.
Answers: 1
question
Social Studies, 22.06.2019 23:00
Which important event brought about the first peacetime draft in the united states? a. the vietnam war b. the civil war c. world war ii d. world war i
Answers: 1
You know the right answer?
Which statement best compares these two loans? Loan A
Loan B
Loan
amount
$1...
Questions
question
Mathematics, 30.03.2021 05:30
question
Mathematics, 30.03.2021 05:30
question
Mathematics, 30.03.2021 05:30
question
Mathematics, 30.03.2021 05:30
Questions on the website: 13722361