A higher FICO score (a well-known measure of borrower reliability) is associated with lower interest rates. For example, the total interest paid on a $20,000 car loan over 3 years will by $2,181 for a FICO score of 660, and $1,056 for a FICO score of 760, a saving of $1,125 over the life of the loan, or $31.25 per month. If the discount rate

$940.86

Explanation:

Since we have been given a 1% monthly interest rate,

Therefore:

let N = 12 x 3 = 36 months.

PW(1%) = $31.25( P/A,1%,36)

= $31.25 (30.1075)

= $940.86

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3