subject
Business, 15.11.2019 05:31 anna4060

The concept of "power payments" will you repay your loans faster and reduce your total interest payments. consider a situation where you have 3 loans:
loan a has a loan payment of $500/month and an interest rate of 5% apr;
loan b has a payment of $200/month and an interest rate of 3% apr;
loan c is a credit card with a payment of $300/month and interest rate of 18% apr.
you just made the final payment on your auto loan (loan a). what should you do with the $500/month payment that you no longer have to pay on loan a if you want to reduce your loans as fast as possible?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 09:00
How does the plaintiff, mrs. wood, try to implicate the gun manufacturer ( who testifies, what do they say, what evidence is introduced)?
Answers: 2
question
Business, 22.06.2019 20:30
Discuss ways that oracle could provide client customers with the ability to form better relationships with customers.
Answers: 3
question
Business, 22.06.2019 21:00
Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be:
Answers: 3
question
Business, 22.06.2019 21:00
Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows:
Answers: 1
You know the right answer?
The concept of "power payments" will you repay your loans faster and reduce your total interest pay...
Questions
question
Mathematics, 07.12.2020 22:40
Questions on the website: 13722361