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

Author Question: If you double the principal repayment called for on your car loan each month without doubling the ... (Read 74 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by shenderson6 on Apr 14, 2019

apple

  • Sr. Member
  • ****
  • Posts: 352
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.
Answer Preview
Only 56% of students answer this correctly


shenderson6

  • Member
  • Posts: 573
Reply 2 on: Apr 14, 2019
Gracias!

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

One DNA double helix becomes two One DNA double helix becomes two
Platycnemididae are a family of damselfly called white-legged damselflies. Platycnemididae are a family of damselfly called white-legged damselflies.
one month old embryo one month old embryo
Endocarditis. The human heart has been sectioned to reveal the left ventricle and origin of the aort Endocarditis. The human heart has been sectioned to reveal the left ventricle and origin of the aort
The myeloma cells do not grow in a selective media called HAT because they cannot synthesize DNA ... The myeloma cells do not grow in a selective media called HAT because they cannot synthesize DNA ...
Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ... Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ...
Video: The Nerve Impulse

For a complete list of videos, visit our video library