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Author Question: If you double the principal repayment called for on your car loan each month without doubling the ... (Read 62 times)

shenderson6

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on: Apr 14, 2019

If you double the principal repayment called for on your car loan each month without doubling the interest payment, you will


◦ reduce the term of the loan by half.
◦ reduce the amount of interest you pay by about 30%.
◦ not have much effect since you are not also doubling the interest paid monthly.
◦ Both reduce the term of the loan by half and reduce the amount of interest you pay by about 30% are correct.
Personal Finance ¦ Madura ¦ 6th Edition
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Marked as best answer by shenderson6 on Apr 14, 2019

apple

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Reply #1 on: Apr 14, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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shenderson6

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Reply 2 on: Apr 14, 2019
Great answer, keep it coming :)

kthug

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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