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

Author Question: You have a car loan at a 8% per year interest, school loans averaging 3% per year interest, credit ... (Read 54 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
on: Apr 14, 2019

You have a car loan at a 8% per year interest, school loans averaging 3% per year interest, credit card debt at 14% per year interest, and you are investing in a fund in which you are earning 7% per year. If you have excess cash flow of $200 per month, prioritize where you should make accelerated payments or invest the cash to optimize the financial result.


◦ Credit card debt, car loan, investment, school loan
◦ Investment, car loan, school loan, credit card debt
◦ Investment, school loan, credit card debt, car loan
◦ Always put excess cash to use in an investment
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 Wadzanai on Apr 14, 2019

Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
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 55% of students answer this correctly


Wadzanai

  • Hero Member
  • *****
  • Posts: 528
Reply #2 on: Apr 14, 2019
Thanks


Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Apr 14, 2019
Welcome :)


« previous next »
 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
Eighteen-year-olds were the largest age cohort in the first year of the war in both armies. Soldiers Eighteen-year-olds were the largest age cohort in the first year of the war in both armies. Soldiers
School is over—but not for this student. After the regular school day, hundreds of thousands in ... School is over—but not for this student. After the regular school day, hundreds of thousands in ...
From your experiences in grade school, can you tell if or how your teachers unintentionally helped ... From your experiences in grade school, can you tell if or how your teachers unintentionally helped ...
Elizabeth, a married 35-year-old woman, always thought that she followed a sensible diet Elizabeth, a married 35-year-old woman, always thought that she followed a sensible diet
A promissory note for $600.OO dated January 15, 2017. requires an interest payment of $120 00 ... A promissory note for $600.OO dated January 15, 2017. requires an interest payment of $120 00 ...
Video: Skin Cancer

For a complete list of videos, visit our video library