Mathematics, 31.10.2019 23:31, Jonah58
Read the following example. go online or call banks to research car loans from different financial institutions. choose three different loans. make sure each loan has a different apr and different loan period. for instance, if loan 1 has an apr of 6.3 percent and a loan period of six years, then perhaps loan 2 might have an apr of 3.47 percent and a loan period of four years. then use the paced decision-making model to decide which of the three car loans carmen should choose.
carmen is in the process of buying a car. she knows she needs a car loan, but she is unsure about which financial institution she should obtain the car loan from. should she take out a loan with a loan period of four years? five years? six years? she has $3,000 for the down payment, and the cost of the car after tax and license fees will be $8,500. she has a credit score of 620. her budget will allow her to make payments as high as $150 per month. remember, the goal is to find the most cost-effective option. which car loan should carmen choose?
the question> > which car loan should carmen choose?
Answers: 1
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The federal reserve controls certain interest rates in the united states. investors often try to speculate as to whether the federal reserve will raise or lower rates and by how much. suppose a company conducts extensive interviews with financial analysts, and as a result, predicts that "thefed" will increase rates by an average of 0.25 percentage points every six months for the forseeable future. which type of equation could be used to model the predicted interest rates over the next several years, assuming no other significant changes? a) a linear equation b) a quadratic equation c) a polynomial equation d) an exponential equation
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Read the following example. go online or call banks to research car loans from different financial i...
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