The concept of "power payments" will you repay your loans faster and reduce your total interest payments. consider a situation where you have 3 loans:
loan a has a loan payment of $500/month and an interest rate of 5% apr;
loan b has a payment of $200/month and an interest rate of 3% apr;
loan c is a credit card with a payment of $300/month and interest rate of 18% apr.
you just made the final payment on your auto loan (loan a). what should you do with the $500/month payment that you no longer have to pay on loan a if you want to reduce your loans as fast as possible?
Answers: 2
Business, 22.06.2019 07:00, ronnie7898
Amarket that consists of all possible consumers regardless of their specific needs or wants is a
Answers: 1
Business, 22.06.2019 11:10, henryzx900
How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i. e. if your answer is $432.51, then type 432.51 without $ sign)
Answers: 1
Business, 22.06.2019 15:20, ashleyuchiha123
Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)
Answers: 2
The concept of "power payments" will you repay your loans faster and reduce your total interest pay...
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