subject
Business, 04.02.2021 17:50 raytaygirl

Assume you take out a car loan of $8,000 that calls for 48 monthly payments of $240 each. a. What is the APR of the loan? b. What is the effective annual interest rate on the loan?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 08:30
Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price
Answers: 1
question
Business, 22.06.2019 12:20
Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount
Answers: 2
question
Business, 23.06.2019 10:30
Compare the rate at which each of the three students read. stew: connie: felicia: words minute 795 3 1855 7 2120 8 2650 10 260 words per minute which student reads at a faster rate? in your final answer, include all necessary calculations.
Answers: 2
question
Business, 23.06.2019 17:30
When signing a lease for a retail space, it's important to make sure the lease has a clause, which releases the tenant from the lease if sales don't reach an agreed-upon amount.
Answers: 1
You know the right answer?
Assume you take out a car loan of $8,000 that calls for 48 monthly payments of $240 each. a. What is...
Questions
question
Mathematics, 27.01.2021 05:40
Questions on the website: 13722360