subject
Mathematics, 01.02.2021 19:30 tinytoonjr6901

Melissa and Adam each take out a $15,000 loan for a new car. Each has to repay the loan in 4 years. Melissa will pay an interest rate of 3% per year. Her monthly payments will be $321. Because Adam has a lower credit score, he will have to pay an interest rate of 3.5% per year. His monthly payments will be $325. How much more will a $15,000 loan cost Adam than Melissa?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 12:40
The graph below shows the amount of money left in the school’s desk fund, f, after d desks have been purchased. for each new desk that is purchased, by how much does the amount of money left in the school’s desk fund decrease?
Answers: 1
question
Mathematics, 21.06.2019 16:30
Find the greatest common factor of -30x 4 yz 3 and 75x 4 z 2.
Answers: 1
question
Mathematics, 21.06.2019 18:10
What is the value of x in the following equation. -x ^3/2 = -27
Answers: 1
question
Mathematics, 21.06.2019 21:00
Suppose that in 2008 , 840,800 citizens died of a certain disease assuming the population of teh country is 399 miliion, what is the mortality rate in units of deaths per 100,000 people?
Answers: 1
You know the right answer?
Melissa and Adam each take out a $15,000 loan for a new car. Each has to repay the loan in 4 years....
Questions
question
Mathematics, 21.01.2021 22:20
question
Mathematics, 21.01.2021 22:20
question
English, 21.01.2021 22:20
question
Mathematics, 21.01.2021 22:30
Questions on the website: 13722367