answer these quickly Homework 8/10 answered A finance company uses the discount method of...
90.2K
Verified Solution
Link Copied!
Question
Finance
answer these quickly
Homework 8/10 answered A finance company uses the discount method of calculating interest. The loan principal is $5,000, the interest rate is 1096, and repayment is expected in two years. You will receive Type your answer here from the lender Round to the nearest cent DO NOT INCLUDE COMMAS ORS 6.8 Homework Unanswered You are purchasing a new truck and financing $28,000. You will make 60 monthly payments of $541 each. What are the total finance costs on this loan? DO NOT INCLUDE COMMAS ORS Type your numeric answer and submit
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.