subject
Social Studies, 23.07.2019 20:00 jade5801

Dahlia is trying to decide which bank she should use for a loan she wants to take out. in either case, the principal of the loan will be $19,450, and dahlia will make monthly payments. bank p offers a nine-year loan with an interest rate of 5.8%, compounded monthly, and assesses a service charge of $925.00. bank q offers a ten-year loan with an interest rate of 5.5%, compounded monthly, and assesses a service charge of $690.85. which loan will have the greater total finance charge, and how much greater will it be? round all dollar values to the nearest cent. a. loan q’s finance charge will be $83.73 greater than loan p’s. b. loan q’s finance charge will be $317.88 greater than loan p’s. c. loan p’s finance charge will be $20.51 greater than loan q’s. d. loan p’s finance charge will be $234.15 greater than loan q’s.

ansver
Answers: 1

Other questions on the subject: Social Studies

image
Social Studies, 21.06.2019 21:30, Kzamor
In three to four sentences explain how wage discrimination reaults in unegual pay and how this can be corrected
Answers: 1
image
Social Studies, 22.06.2019 06:40, kallee10
How we perceive, use, study, structure, interpret, and react to messages of time is referred to as: ?
Answers: 2
image
Social Studies, 22.06.2019 12:00, 2020sanchezyiczela
Asenator and house representative do not
Answers: 1
image
Social Studies, 22.06.2019 19:00, ldpozorski
What caused the settlement of more african americans in the mississippi alluvial plain region then in the ozark mountains region?
Answers: 2
You know the right answer?
Dahlia is trying to decide which bank she should use for a loan she wants to take out. in either cas...

Questions in other subjects:

Konu
Computers and Technology, 25.06.2021 01:00
Konu
Arts, 25.06.2021 01:00
Konu
Mathematics, 25.06.2021 01:00
Konu
Mathematics, 25.06.2021 01:00
Konu
Mathematics, 25.06.2021 01:00