How much extra did she pay per month? (Round your answer to the nearest cent.)
$
(b) How many $400 payments will she make to pay off the loan? (Round your answer up to the next whole number.)
payments
(c) How much does she pay in total over the life of the loan by paying $400 per month rather than the required payment?
$
If instead of paying $400 per month she only paid the required payment every month, how much would she have paid in total over the life of the loan? (Round your answer to the nearest cent.)
$
How much will she save by paying $400 per month rather than the required payment? (Round your answer to the nearest cent.)
A recent college graduate buys a new car by borrowing $16,000 at 6%, compounded monthly, for 5 years. She decides to pay $330 instead of the monthly payment required by the loan.
How much extra did she pay per month? (Round your answer to the nearest cent.)
$
(b) How many $330 payments will she make to pay off the loan? (Round your answer up to the next whole number.)
payments
(c) How much will she save by paying $330 per month rather than the required payment? (Round your answer to the nearest cent.)
$
How much extra did she pay per month? (Round your answer to the nearest cent.)
$
(b) How many $458 payments will she make to pay off the loan? (Round your answer up to the next whole number.)
payments
(c) How much does she pay in total over the life of the loan by paying $458 per month rather than the required payment?
$
If instead of paying $458 per month she only paid the required payment every month, how much would she have paid in total over the life of the loan? (Round your answer to the nearest cent.)
$
How much will she save by paying $458 per month rather than the required payment? (Round your answer to the nearest cent.)
$
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more
Recent Comments