This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the value in paying off a loan early?[br][br][b][color=#7BCCB5]Question ... (Read 41 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
on: Jun 24, 2018
What is the value in paying off a loan early?

Question 2

Explain how to calculate the daily interest factor.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mk6555

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jun 24, 2018
Answer to Question 1

Less interest will be paid on the loan.

Answer to Question 2

Calculate the daily interest factor by multiplying the principal by the rate of interest divided by the number of days in the year.


Caiter2013

  • Member
  • Posts: 607
Reply 2 on: Jun 24, 2018
Wow, this really help

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Early-maturing boys tend to be advantaged because they often fit cultural ideals of masculinity. Early-maturing boys tend to be advantaged because they often fit cultural ideals of masculinity.
Functions application question Functions application question
economic question economic question
economic question economic question
Hi i really need help clarifying this question T^T Hi i really need help clarifying this question T^T
Youtube Question Youtube Question
Video: Introduction to Genetics

For a complete list of videos, visit our video library