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9/30/19

[Answer] Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in interest?

Answer: Longer time period usually equals higher interest rates.




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Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in interest? Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in interest ? Longer time period usually equals higher interest rates. Mon Jul 09 2018 · Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in interest ? Annual Compounding Semi-Annual Compounding Monthly Compounding Daily Compounding Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in interest ? A.) Annual Compounding* B.) Monthly Compounding C.) Daily Compounding ... Choose the savings account with the lowest interest rate D.) Put anything you can't afford on your credit card ... Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in interest ? a. Annual Compounding. ... a. the amount of interest you are charged on credit card purchases. Mon Sep 09 2013 · · On a $40 000 car say the interest rate is 6% per annum and we take the loan from a bank 5 years to pay the total interest charged will be $6 398 at the end of 5 years. · If the same amount of car $40 000 will be taken from your equity/offset (25 years loan to pay ) the total interest will be $23 339 on a 4% interest rate. A home equity loan lets you borrow a lump sum and pay it back ove...

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