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History, 14.10.2019 07:10, rah45

What is the interest when the cash price is 2000 and the interest rate is 5

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Mathematics, 10.07.2019 12:00, Esteffyy

Tom has offered to sell julian his motorcycle for $1,200. julian knows this is a very good deal, since the same motorcycle can be purchased at the dealership for $1,800. since julian doesn’t have $1,200 and tom does not accept credit cards, they both think a cash advance might be a good idea. julian’s credit card company can offer him a cash advance for the $1,200 he needs at an interest rate of 26%. he would then pay off the balance in 24 months. should julian use the cash advance to purchase the motorcycle? a. no. julian would be paying too much in interest to warrant using a cash advance. b. yes. even with the interest, the total cost of the motorcycle would be less than at the dealership. c. yes. the interest rate on the cash advance is low. julian will not have to pay much interest on the cash advance. d. no. the high interest rate on the cash advance would make the purchase of the motorcycle almost twice than the price at the dealership.

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Mathematics, 21.07.2019 21:00, adrielalvarez267

Tom has offered to sell julian his motorcycle for $1,200. julian knows this is a very good deal, since the same motorcycle can be purchased at the dealership for $1,800. since julian doesn’t have $1,200 and tom does not accept credit cards, they both think a cash advance might be a good idea. julian’s credit card company can offer him a cash advance for the $1,200 he needs at an interest rate of 26%. he would then pay off the balance in 24 months. should julian use the cash advance to purchase the motorcycle? a. no. julian would be paying too much in interest to warrant using a cash advance. b. yes. even with the interest, the total cost of the motorcycle would be less than at the dealership. c. yes. the interest rate on the cash advance is low. julian will not have to pay much interest on the cash advance. d. no. the high interest rate on the cash advance would make the purchase of the motorcycle almost twice than the price at the dealership.

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Mathematics, 27.09.2019 18:30, nathanphelps2468

Tom has offered to sell julian his motorcycle for $1,200. julian knows this is a very good deal, since the same motorcycle can be purchased at the dealership for $1,800. since julian doesn’t have $1,200 and tom does not accept credit cards, they both think a cash advance might be a good idea. julian’s credit card company can offer him a cash advance for the $1,200 he needs at an interest rate of 26%. he would then pay off the balance in 24 months. should julian use the cash advance to purchase the motorcycle? a. no. julian would be paying too much in interest to warrant using a cash advance. b. yes. even with the interest, the total cost of the motorcycle would be less than at the dealership. c. yes. the interest rate on the cash advance is low. julian will not have to pay much interest on the cash advance. d. no. the high interest rate on the cash advance would make the purchase of the motorcycle almost twice than the price at the dealership.

Answers: 1

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Business, 06.10.2019 01:00, primmprincess312

Your parents are about to buy a new 2018 subaru outback limited (fully loaded with cool safety options) which will cost approximately $35,000. after paying tax, title & license and making a down payment, your parents will need to borrow $27,500 to complete the purchase of their new outback and are presented with two options. your parents want to repay their car loan over 60 months option one is 0.0% apr financing for 60 months, the second option is $2,000 cash back which would be used as an additional down payment reducing the loan amount by this $2,000 cash back. your parents discover that they can get 2.29% apr financing for 60 months if they elect the second (cash back) option. what is the 0% apr monthly payment minus the $2000 cash back monthly payment for your parents’ situation (i.e. a. $0.00 b. +$8.13 c. +$10.87 d. -$27.18 e. -$5.66 10) your bank account pays a 6% nominal rate of interest. following statements is correct? a. the periodic rate of interest is 6% and the effective rate of interest is greater than 6%. b. the periodic rate of interest is 3% and the effective rate of interest is 6%. c. the periodic rate of interest is 1.5% and the effective rate of interest is greater than 6%. d. the periodic rate of interest is 6% and the effective rate of interest is also 6%. e. the periodic rate of interest is 1.5% and the effective rate of interest is 3%. if 0% apr payment is higher difference is positive)?

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