« previous next »

Author Question: When calculating a monthly payment, the annual interest rate needs to be divided by ________. A) ... (Read 62 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
on: Aug 29, 2018
When calculating a monthly payment, the annual interest rate needs to be divided by ________.
 
  A) 3
  B) 4
  C) 12
  D) 6

Question 2

Footnotes and endnotes are citations.
 
  Indicate whether the statement is true or false


bulacsom

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Aug 29, 2018
Answer to Question 1

C

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

The rate of evolution in short­ and long­lived plants The rate of evolution in short­ and long­lived plants
How would you rate your overall health?” The percent of adults answering “excellent” or ... How would you rate your overall health?” The percent of adults answering “excellent” or ...
Homeschooling has come a long way. These children are performing in a musical at the annual ... Homeschooling has come a long way. These children are performing in a musical at the annual ...
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
Compute the rate of discount allowed on a rotor-tiller that lists for $341.00 and is sold for ... Compute the rate of discount allowed on a rotor-tiller that lists for $341.00 and is sold for ...
Compound interest Compound interest
Video: Allergic Rhinitis

For a complete list of videos, visit our video library