Neither loan required a down payment. Loan B has a

  1. You have arranged for a loan on your new car that will require the first payment today. The loan is for $32,000, and the monthly
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    2. Alec asked by Alec
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  2. Neither loan required a down payment. Loan B has a 2% prepayment penalty. Neither requires credit insurance. If the borrower
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  3. What is the definition of an amortization loan?a. a loan that has a set term, set interest rate, and set payment amount b. a
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  4. A family purchased a new ski boat for $20,000. The loan agency required a down payment and financed the balance for 36 months
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  5. A family purchased a new ski boat for $20,000. The loan agency required a down payment and financed the balance for 36 months
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    2. Anonymous asked by Anonymous
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  6. You have arranged for a loan on your new car that will require the first payment today. The loan is for $38,500, and the monthly
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  7. Sheet Metals has an outstanding loan that calls for equal annual payments of $12,600.47 over the life of the loan. The original
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  8. Note: The monthly loan payment was calculated at 119 payments of $330.38 plus a final payment of $329.73.Loan Balance:
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  9. Car loan interest rate is 7%loan payment $600 month 36 months left on loan If pay an addition $1000 with next regular $600
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    2. Nabil asked by Nabil
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  10. Which of the following will save you money over the life of your loan?a. taking a loan with a longer term b. taking a loan with
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