Author Question: A loan made for a specified number of equal monthly payments is called an installment loan. It is ... (Read 207 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
A loan made for a specified number of equal monthly payments is called an installment loan. It is typically used for making purchases like cars, boats, furniture, or services such as vacations or home improvements.
  Indicate whether the statement is true or false

Question 2

Convert to a decimal: .85
 A) .085
  B) .0085
  C) 8.5
  D) 85.0



carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

TRUE

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

For a complete list of videos, visit our video library