Essay
Patrick would like to know the monthly payments and the total finance charges on the following two loan options: (Show all work.)
a.$30,000, 9%, 36 months
b.$30,000, 9%, 48 months
Correct Answer:

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a.36 month loan: PV=30,000,I=9...View Answer
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Correct Answer:
Verified
a.36 month loan: PV=30,000,I=9...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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