Business, 26.07.2020 01:01 TheOriginal2x
Sam learns that the interest rate on his $3000, one year auto loan is 5%. He has calculated his monthly payments using the simple interest formula and is ready to apply for the loan. Which of the following is the best advice you give to your friend.
A: If you can afford the monthly payment you have calculated, go ahead and apply.
B: You need to find out about any fees that are associated with the loan as they will affect your monthly payments. Ask your lender about the APR.
C: You have to multiply the monthly payment you have calculated but 0.05 to calculate the APR.
D: The APR is not the same as interest rate. It will be higher, but there is no way to calculate it and the lender probably won't help you with that. Just make sure you have extra money to pay off your debt.
Answers: 1
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Consider the following ethical argument. which of the three statements represents the moral statement about a moral principle? statement 1: a dealership advertised a car at a very low price, but only had a similar higher priced model in stock. statement 2: it is wrong to perform a bait and switch. statement 3: the dealership was wrong to advertise the car on special sale when in actually it was not available.
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Business, 22.06.2019 10:00
mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?
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Amano s preguntes cationing to come fonds and consumer good 8. why did the u.s. government use rationing for some foods and consumer goods during world war ii?
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Sam learns that the interest rate on his $3000, one year auto loan is 5%. He has calculated his mont...
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