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1. CAR FINANCING FOR LESS 2-YEAR TERM UP TO $40,000 6% COMPOUNDED ANNUALLY WITH A $500 UP-FRONT PAYMENT Question What part of the
   1. 1 answer
   2. 19 views
2. car financing for less2-Year term up to $40,000 6% compounded annually with a $500 up-front payment what part of the offered
   1. 1 answer
   2. asked by Anonymous
   3. 32 views
3. Use the image to answer the question.Barton took out a car loan of $2,625. He makes monthly payments of $175. The graph
   1. 1 answer
   2. 16 views
4. Calculate the amount to be paid back on a $20,000 loan with an interest rate of 12% compounded yearly after five years.(1 point)
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   2. 11 views
5. Calculate the amount to be paid back after three years on a $3,000 credit card loan with an interest rate of 15% compounded
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   2. 15 views
6. Calculate the amount to be paid back on a $20,000 loan with an interest rate of 12% compounded yearly after five years.(1 point)
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   2. 11 views
7. Drag the tiles to the correct location on the table.Match each loan type to its collateral requirement. unsecured credit card
   1. 1 answer
   2. asked by Neko :3
   3. 27 views
8. Calculate the amount to be paid back on a $20,000 loan with an interest rate of 12% compounded yearly after five years.(1 point)
   1. 1 answer
   2. 11 views
9. Calculated the amount to be paid back after 3 years on a $3000 credit card loan with an interest rate of 15% compounded yearly.
   1. 1 answer
   2. asked by Yourfavorbrownskin
   3. 13 views
10. Select the correct answer.A loan with a 14% APR is compounded monthly. What value must be plugged in for n in the formula to
    1. 1 answer
    2. asked by Neko :3
    3. 11 views
11. Barton took out a car loan of $2,625. He makes monthly payments of $175. The graph represents the remaining balance after each
    1. 1 answer
    2. 19 views
12. Which type of loan is typically used to buy the home in which a person lives?(1 point)Responses student loan student loan
    1. 1 answer
    2. asked by Alex_West_Wife197
    3. 36 views
13. Tonya took out a loan to help pay for her house. She borrowed $70,000 for 15 years at a yearly simple interest rate of 5%. How
    1. 1 answer
    2. asked by bob
    3. 38 views
14. What term best applies to a type of loan designed for personal use that is traditionally used by individuals to purchase items
    1. 1 answer
    2. asked by Jaz
    3. 29 views
15. Select the correct answer.What is the basis for a decision on an unsecured loan? A. collateral B. creditworthiness C. current
    1. 1 answer
    2. 18 views
16. If you borrow $80 for 5 years at an annual interest rate of 15%, what is the total amount of money you will pay back?
    1. 1 answer
    2. asked by uh idk
    3. 20 views
17. If you borrow $10,000 for 3 years at an annual interest rate of 5% what is the total amount of mmoney you will pay back?
    1. 1 answer
    2. asked by uh idk
    3. 14 views
18. If you borrow $1,600 for 6 years at an annual interest rate o 10%, what is the total amount of moneey you will pay back?
    1. 1 answer
    2. asked by uh idk
    3. 21 views
19. You are looking at two loans for the same amount over the same length of time. Which is true about the loan with the lower
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    2. 24 views
20. What is true about the length of a loan’s term?(1 point) Responses The longer the term, the more you will pay in interest. The
    1. 1 answer
    2. 19 views
21. What kind of loan is a federal student loan? ​​​​​​​(1 point) Responses an unsecured installment loan an unsecured
    1. 1 answer
    2. 17 views
22. what is an unsecured loan?
    1. 3 answers
    2. asked by Monkey balls
    3. 15 views
23. You are looking at two loans for the same amount over the same length of time. Which is true about the loan with the lower
    1. 1 answer
    2. asked by Landon Sharp
    3. 22 views
24. What is true about the length of a loan’s term?(1 point) Responses The longer the term, the more fees you will be charged. The
    1. 1 answer
    2. asked by Landon Sharp
    3. 21 views
25. What kind of loan is a federal student loan? ​​​​​​​(1 point) Responses an unsecured installment loan an unsecured
    1. 1 answer
    2. asked by Landon Sharp
    3. 19 views
26. Tom takes out a loan of $20,000 with a 7% annual compounded interest rate. If he pays it back in three years, what will be his
    1. 1 answer
    2. asked by Good
    3. 16 views
27. Tom has a business loan with an outstanding balance of $50,000 and an annual interest rate of 10%. If he makes monthly payments,
    1. 1 answer
    2. asked by Grace
    3. 26 views
28. determine the cost of credit for a $3,300 loan with a simple interest rate of 8% and a one time payment to pay the amount in
    1. 5 answers
    2. 12 views
29. A(n) _____ shows you the schedule of payments on a loan and the total interest and payments at the end of the loan.(1 point)
    1. 1 answer
    2. 32 views
30. Which of the following is the typical amount of time in which a borrower must pay off a mortgage loan?(1 point)Responses Five
    1. 1 answer
    2. 32 views
31. All the following are examples of installment loans EXCEPT:(1 point)Responses Credit card Credit card Car loan Car loan Mortgage
    1. 1 answer
    2. 21 views
32. Using an online loan calculator, determine the total cost, fixed monthly payment, and the total interest paid when repaying an
    1. 1 answer
    2. asked by quandale dingle
    3. 19 views
33. Compare the two payment options for a $9,500 loan to determine which option has the lower cost of credit.Option 1: One-time
    1. 1 answer
    2. asked by quandale dingle
    3. 21 views
34. What is the simple interest of a loan for $1,000 with 5 percent interest after 3 years?$150 $1,150 $1,050 $50
    1. 1 answer
    2. 13 views
35. if you borrow $10,000 over five years, at the end of the five years, what will you have paid?
    1. 1 answer
    2. 8 views
36. A group of students is arguing about which are better terms for a loan with compound interest---longer time with lower interest,
    1. 1 answer
    2. 29 views
37. A group of students is arguing about which are better terms for a loan with compound interest—longer time with lower interest,
    1. 1 answer
    2. asked by jade
    3. 24 views
38. Maria takes out a loan from a bank to purchase a car. What role does the bank play in this transaction?Investor Borrower Lender
    1. 1 answer
    2. 12 views
39. What is true about the length of a loan’s term?(1 point) Responses The longer the term, the fewer payments you will make. The
    1. 1 answer
    2. 20 views
40. Select the correct answer.What is collateral? A. money obtained from signing a loan B. assets obtained after getting a loan C.
    1. 1 answer
    2. 16 views
41. Lamar is considering two loans.Loan A Loan B Principal $4,500 $4,300 Interest rate 5% 6% Time in years 3 3 Which loan will have
    1. 1 answer
    2. asked by humaira likes ukasha guys
    3. 35 views
42. Use the Car Loan Calculator to do the following: (Click HERE for a calculator)1. The car you would like cost $20,000. Enter
    1. 1 answer
    2. 17 views
43. Use the Car Loan Calculator to do the following: (Click HERE for a calculator)1. The car you would like cost $20,000. Enter
    1. 1 answer
    2. 17 views
44. Use the comparison table to answer the question. In comparing Truth-in-Lending statements for a home improvement loan, the
    1. 1 answer
    2. 11 views
45. If you borrow 10,000 dollars over five years, at the end of five years, what will you have paid?A. $10,000 B. $2,000 C. more
    1. 1 answer
    2. asked by Aw Shucks
    3. 15 views
46. Which is true of variable-rate loans? A. The rate can go up or down, depending upon the index it is tied too B. The rate can
    1. 1 answer
    2. asked by Aw Shucks
    3. 29 views
47. Which statement is true about principal? A. it is everything you pay in addition to repaying the amount you borrow B. It is a
    1. 1 answer
    2. asked by Aw Shucks
    3. 18 views
48. Which statement is true about annual percentage rate (APR)?A. It is equal to the interest rate times the principal B. It is a
    1. 1 answer
    2. asked by Aw Shucks
    3. 25 views
49. Which statement is true about principal?(1 point)Responses It is a simple way to compare all the various elements of different
    1. 1 answer
    2. 14 views
50. Which is true of variable-rate loans? (1 point)The rate can only go up. The rate can only go down. The rate can go up or down,
    1. 1 answer
    2. 27 views
51. Jackson investigated loans for a $15,575 car. What might happen if he found a car he liked for $10,000?(1 point) Responses He
    1. 1 answer
    2. asked by Landon Sharp
    3. 41 views
52. Which is true of variable-rate loans?(1 point)Responses The rate can go up or down, depending upon the index it is tied too. The
    1. 1 answer
    2. asked by Landon Sharp
    3. 45 views
53. Which javascript:void(0)statement is true about principal?(1 point) Responses It is the amount you borrow. It is the amount you
    1. 1 answer
    2. asked by Landon Sharp
    3. 24 views
54. Derek borrows $37,151.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.40%.
    1. 1 answer
    2. asked by 123
    3. 26 views
55. Barton took out a car loan of $2,625. He makes monthly payments of $175.The graph represents the remaining balance after each
    1. 1 answer
    2. 41 views
56. What kind of legal issue would most directly affect your ability to secure a loan?a. working without a contract b. harassment c.
    1. 1 answer
    2. 16 views
57. Which type of loan typically has the lowest interest rates?A) Payday loan B) Personal loan C) Student loan D) Credit card
    1. 1 answer
    2. 33 views
58. Derek borrows $43,312.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 6.11%.
    1. 1 answer
    2. asked by 123
    3. 26 views
59. What values do I enter for N, PMT, i/y, FV and PV on a finance calculator for the question.Derek borrows $38,655.00 to buy a
    1. 3 answers
    2. asked by 123
    3. 38 views
60. What should I write on a cash loan poster
    1. 1 answer
    2. 17 views
61. Use the auto loan calculator to calculate the total amount of the loan using this auto purchase scenario:Cost of the car
    1. 1 answer
    2. 21 views
62. Calculate the following scenario for a simple interest loan:Principal amount of $3,000 Interest rate of 15% 12 monthly
    1. 1 answer
    2. 21 views
63. Pablo borrowed $900from a credit union for 3 years and was charged simple interest at a rate of 3% . What is the amount of
    1. 1 answer
    2. 38 views
64. .In terms of the bottom line for your business, what is the difference between taking out a 5-year loan versus a 10-year loan
    1. 1 answer
    2. 24 views
65. You take out a $10,000 loan with a 5 percent annual interest rate. You plan to pay $1,005 dollars each year over 10 years. After
    1. 1 answer
    2. 18 views
66. How large must each annual payment before birr 100,000 loan to be repaid in equal installments at the end of each of the next 5
    1. 1 answer
    2. asked by diribaalemu0919
    3. 43 views
67. What is the total amount to be paid on the following loan: #2000 for 3 weeks at ₦1 on each ₦10 interest per week
    1. 1 answer
    2. asked by Elayelagha B. Jude
    3. 17 views
68. In a discount basis loan, interest is "paid" at the time the loan is made by deducting the interest amount from the loan amount.
    1. 1 answer
    2. 25 views
69. Note: The monthly loan payment was calculated at 119 payments of $330.38 plus a final payment of $329.73.Loan Balance:
    1. 1 answer
    2. 39 views
70. Amount Financed (m) = $1,750Number of Payments per year (y) = 12 Number of Payments (n) = 36 Total Interest (c) = $300.00 I = %.
    1. 1 answer
    2. 22 views
71. Amount: $100,000Rate: 7% Payments: 360 @ $665.31 Total Interest: $139,511.60 How much will be repaid for this loan? $ What
    1. 1 answer
    2. 31 views
72. Using a calculator and the formula above, choose the correct answer for APR.Betty Borrower has a short term one year note at 14%
    1. 1 answer
    2. 22 views
73. Sam Sounds received a $290 discount loan to purchase a stereo. The loan was offered at 16% for 90 days. Find the interest in
    1. 1 answer
    2. 30 views
74. what are loan monthly repayments in simple words few sentences
    1. 1 answer
    2. 120 views
75. To pay for a home improvement project that totals $11,000, Genesis is choosing between taking out a simple interest bank loan at
    1. 1 answer
    2. 29 views
76. Thabo pays off loan of R80000over a period of 5 years.he makes half yearly payments starting after six months after the loan was
    1. 1 answer
    2. asked by Dipolelo
    3. 51 views
77. Ed borrowed $1,500 for four months at 13.5%. How much did he have topay back under an add-on plan?
    1. 1 answer
    2. 24 views
78. Carla borrowed $1,400 for three months at 9.75% interest. How muchinterest did she pay for the loan?
    1. 1 answer
    2. 34 views
79. Irene borrowed $2,200 for three months at an annual rate of 11.25%under a single-payment plan. How much interest must she pay?
    1. 1 answer
    2. 37 views
80. Write for me a short description on arrangement of emergency loan form in Umwalimu Sacco
    1. 1 answer
    2. 39 views
81. Application of emergency loan, give me a description of this statement?
    1. 1 answer
    2. 35 views
82. Which statement is true about an annual percentage rate (APR)?(1 point)Responses It is a simple way to compare all the various
    1. 9 answers
    2. asked by Koneko
    3. 128 views
83. What is mortgage loan?
    1. 1 answer
    2. 20 views
84. 4. A farm can finance a tractor purchase with Tshs. 8,000,000 loan at the CRDB Bank. The financing terms include a four-year
    1. 1 answer
    2. 41 views
85. What are the main objectives of the loan application
    1. 1 answer
    2. 32 views
86. What is the main objective of loan application
    1. 1 answer
    2. 35 views
87. Responsibility of loan application
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    2. 32 views
88. Objectives of loan application
    1. 1 answer
    2. 45 views
89. which statement is true about principala. it is the amount you borrow b. it is everything you pay in addition to repaying the
    1. 1 answer
    2. 39 views
90. What is the long time of repayment emergency loan?
    1. 1 answer
    2. 25 views
91. What is emergency loan gives in sacco
    1. 1 answer
    2. 18 views
92. Reza has been saving money to buy a house for himself and his fiancé. He finally thinks that he has enough to put towards his
    1. 1 answer
    2. 53 views
93. What term best applies to a type of loan designed for personal use that is traditionally used by individuals to purchase items
    1. 1 answer
    2. 62 views
94. Auto loans, usually issued by banks, credit unions, and other lending companies, can typically be paid off in how many months,
    1. 1 answer
    2. 39 views
95. I need a loan agency that can help me get back on my feet.I have two sons that haven't got jobs yet, and I am down on my credit
    1. 1 answer
    2. 45 views
96. Peter got a bank loan of K20,000 for his honeymoon trip to Bali with his newly wedded wife.But he will be required to pay an
    1. 1 answer
    2. 19 views
97. An online lending company is offering simple interest personal loans based on consumer credit scores. With your credit score,
    1. 1 answer
    2. asked by College Student
    3. 66 views
98. Milo is purchasing a new refrigerator for $1500 using an in-store offer. The store is offering a 90 days same-as-cash loan. This
    1. 1 answer
    2. asked by College Student
    3. 32 views
99. An online lending company is offering simple interest personal loans based on consumer credit scores. With your credit score,
    1. 1 answer
    2. asked by College Student
    3. 67 views
100. Simon borrowed R10 000 from the bank at the end of 2011 at a fixed interest rate of 20%. At the end of 2012, the inflation rate
     1. 1 answer
     2. 32 views