subject
Business, 30.12.2021 02:40 stankyweezle

John is planning to take out a personal loan for $4,500 to buy a car. He would like to keep his monthly payments at or below $150. 00 and pay the loan off in three years. Which of the following is the greatest interest rate John can accept and still meet his criteria? a. 10. 75% compounded monthly b. 11. 50% compounded monthly c. 12. 25% compounded monthly d. 13. 00% compounded monthly.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 13:40
After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases.b. the marginal cost of going to ft. lauderdale decreases.c. the marginal benefit of going to cancun increases.d. the marginal benefit of going to ft. lauderdale decreases.
Answers: 2
question
Business, 23.06.2019 03:20
You have just made your first $5,500 contribution to your retirement account. assume you earn a return of 10 percent per year and make no additional contributions. a. what will your account be worth when you retire in 45 years? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. what if you wait 10 years before contributing?
Answers: 1
question
Business, 23.06.2019 06:00
What are some questions to ask a clerk in the dispatch office?
Answers: 1
question
Business, 23.06.2019 10:00
Will ged let you use the app for the real ged test
Answers: 2
You know the right answer?
John is planning to take out a personal loan for $4,500 to buy a car. He would like to keep his mont...
Questions
Questions on the website: 13722360