« previous next »

Author Question: A loan made for a specified number of equal monthly payments is called an installment loan. It is ... (Read 222 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
on: Jun 24, 2018
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
Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Cardiac catheterization. Insertion of a tube called a catheter through a blood vessel. In this examp Cardiac catheterization. Insertion of a tube called a catheter through a blood vessel. In this examp
How to write any number in engineering notation How to write any number in engineering notation
What mass of sulfur hexafluoride, SF6, has the same number of fluorine atoms as 25.0 g of ... What mass of sulfur hexafluoride, SF6, has the same number of fluorine atoms as 25.0 g of ...
Cancer cells can move to new locations in the body, a process called metastasis Cancer cells can move to new locations in the body, a process called metastasis
Calculate the accumulated value of monthly payments of $100.00 made at the end of each month ... Calculate the accumulated value of monthly payments of $100.00 made at the end of each month ...
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ... Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ...
Video: Regulation of GFR: autoregulation via tubuloglomerular feedback, neural & hormonal regulation

For a complete list of videos, visit our video library