Mathematics
Mathematics, 10.07.2019 20:30, Trevon0906

Ricky is taking out a personal loan for $12,000 to remodel his kitchen. he would like the lowest monthly payment possible, even if it means a bigger finance charge in the end. his bank has offered him a loan at 13% interest for 36 months or 12% interest for 60 months, both of which are compounded monthly. which of the following statements most accurately describes what ricky should be thinking? a. more payments with the 60 month loan will give him the lowest monthly payment. b. fewer payments with the 36 month loan will give him the lowest monthly payment. c. the 60 month loan comes with a bigger finance charge and, thus, a bigger monthly payment. d. the 36 month loan comes with a bigger finance charge and, thus, a bigger monthly payment.

answer
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 22:30, brookerebman15
Find solution of the linear equation y = 2/3x + 1/3
Answers: 2
image
Mathematics, 21.06.2019 22:30, HappyPom4169
]supplementary angles are two angles that add up to . • complementary angles are two angles that add up to degrees. • adjacent angles share a and a • congruent angles have the measure. • an triangle has one angle that is greater than 90 degrees. • a triangle with angles 45°, 45°, and 90° would be a triangle
Answers: 2
image
Mathematics, 21.06.2019 22:30, cramirezorozco392
Whit h equation best represents this situation the number 98 increased by an unknown number equal to 120
Answers: 1
image
Mathematics, 22.06.2019 02:30, kam110800
Jennifer is 20 miles north of her house, and she is driving north on the highway at a rate of 55 miles per hour whats the slpoe
Answers: 2
Do you know the correct answer?
Ricky is taking out a personal loan for $12,000 to remodel his kitchen. he would like the lowest mon...

Questions in other subjects:

Konu
Mathematics, 04.03.2021 23:40
Konu
Mathematics, 04.03.2021 23:40
Konu
Mathematics, 04.03.2021 23:50
Konu
Mathematics, 04.03.2021 23:50