Compare Loan Terms
So you want to finance a car for $4,840. Let's say we offer you a 4.5%
interest rate on a 2-year loan and 6% on a 5-year loan. Enter this info
into the calculator to see your monthly and total cost by loan term.

Financing Amount
$4,840

Interest Rate on 2-Year Loan
$

Interest Rate on 5-Year Loan
$

If a bond is issued at a premium the effective interest rate is most likely

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.