1 / 3

AB 239 Determine the equal, annual, endofyear payment/TUTORIALOUTLET DOT COM

Determine the equal, annual, end¬of¬year payment required over the life of the following loans to repay them fully during the stated term.<br>Term of Loa<br>Interest Loan Annual<br>n<br>Principal ($)<br>Rate (%) (Yrs) Payment ($)<br>A<br>30 comma 00030,000 77<br>

albert0001
Download Presentation

AB 239 Determine the equal, annual, endofyear payment/TUTORIALOUTLET DOT COM

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. AB 239 Determine the equal, annual, endofyear payment/TUTORIALOUTLET DOT COM

  2. AB 239 Determine the equal, annual, endofyear payment/TUTORIALOUTLET DOT COM AB 239 Determine the equal, annual, endofyear payment  FOR MORE CLASSES VISIT www.tutorialoutlet.com   Determine the equal, annual, end­of­year payment required over the life of the following loans to repay them fully during the stated term.Term of Loa Interest Loan Annual n Principal ($) Rate (%) (Yrs) Payment ($) A 30 comma 00030,000 77 1818 B 40 comma 00040,000 1717 99 Interest Term of Annual Loan Principal ($) Rate (%) Loan (Yrs) Payment ($) nothing A 30 comma 00030,000 77 1818 (Round to the nearest cent.) You are considering the purchase of a BMW M5. You will borrow the money from BMW Financial Services. The terms of the deal are outlined below: BMW M5 RWD, 500hp, 0­100 in 4.7s MSRP = $110 comma 000110,000 Term = 7272 months APR = 5.55.5% Down Payment = $0 Monthly Payments = $1 comma 797.171,797.17

  3. AB 239 Determine the equal, annual, endofyear payment/TUTORIALOUTLET DOT COM THANK YOU

More Related