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Neither loan required a down payment. Loan B has a
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
1 answer
asked by
Alec
3,675 views
Neither loan required a down payment. Loan B has a 2% prepayment penalty. Neither requires credit insurance. If the borrower
1 answer
asked by
b33ft0ads
128 views
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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asked by
kricket
59 views
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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asked by
Mandy
529 views
A family purchased a new ski boat for $20,000. The loan agency required a down payment and financed the balance for 36 months
2 answers
asked by
Anonymous
630 views
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
1 answer
asked by
Ethan
1,829 views
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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asked by
Jen
1,445 views
Note: The monthly loan payment was calculated at 119 payments of $330.38 plus a final payment of $329.73.
Loan Balance:
1 answer
22 views
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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asked by
Nabil
622 views
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
1 answer
6 views