Mathematics, 24.02.2020 22:42 anna8352

Chico is considering taking out a 14-year loan with monthly payments of $185
at an APR of 2.7%, compounded monthly, and this equates to a loan of
$25,857.12. Assuming that Chico's monthly payment and the length of the
loan remain fixed, which of these is a correct statement?
A. If the interest rate were 3.1%, the amount of the loan that Chico is
considering would be more than $25,857.12
B. If the interest rate were 2.5%, the amount of the loan that Chico is
considering would be less than $25,857.12.
O
C. If the interest rate were 2.9%, the amount of the loan that Chico is
considering would be more than $25,857.12.
D. If the interest rate were 3.3%, the amount of the loan that Chico is
considering would be less than $25,857.12.

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 17:40, liyahlanderson2232

If square root x = -7, then x= -49 true or false

Answers: 1

continue

Mathematics, 21.06.2019 19:00, kalebbenton15

What will the graph look like for a system of equations that has no solution? a. the lines will be perpendicular. b. the lines will cross at one point. c. both equations will form the same line. d. the lines will be parallel.

Answers: 1

continue

Mathematics, 21.06.2019 22:10, ava789

Find the volume of the solid whose base is the region bounded by f(x), g(x) and the x-axis on the interval [0, 1], and whose cross-sections perpendicular to the y-axis are squares. your work must show the integral, but you may use your calculator to evaluate it. give 3 decimal places for your answe

Answers: 3

continue

Mathematics, 21.06.2019 22:10, idc23

To prove that angle def = angle dgf by sas, what additional information is needed? def congruent to dgf dfe congruent to dfg de congruent to dg dg congruent to gf

Answers: 1

continue

You know the right answer?

Chico is considering taking out a 14-year loan with monthly payments of $185
at an APR of 2.7%...