1 point 1. Magda is going to finance her car purchase using an auto loan. Which

statement below is accurate?

"Her principal is the cost of the car, minus any down payment she makes"

"Her interest rate is the total cost she'll pay after making all of her principal and

interest payments"

"Choosing a shorter term means it will take her longer to repay the loan"

"It's likely that her monthly payment will be between 4-5% of the cost of the car

1. Magda is going to finance her car purchase using an auto loan.

The statement that is accurate is:

"Her principal is the cost of the car, minus any down payment she makes."

Explanation:

Magda's principal for the auto loan is the cost of the car after deducting any down payment that she makes. The interest expense of the auto loan will be calculated based on the principal, using the rate of interest agreed with the auto company.  Down payments reduce the interest expense on the auto loan as well as the principal.

reasoning from several particular examples to establish a general principle

first of all, dante wanted to write an account of the search for spiritual atonement and salvation, and this desire drew heavily from dante's own experiences. dante was living in exile while writing inferno and so, much like his poetic counterpart, he felt like he had lost his way and needed direction.

explanation: