trizziepetersop8dk79 trizziepetersop8dk79
  • 02-10-2018
  • Business
contestada

If Melisha can pay for her vehicle with a 4-year loan or with a lease with the same down payment and same interest rate, why will the loan have a higher monthly payment?

Respuesta :

ahmedishaal ahmedishaal
  • 13-10-2018

The answer is;


Since the loan payment incorporates amortization. (Regardless of whether the financing cost is the equivalent on both the advance and the rent, the advance incorporates an additional sum for amortization that would enable Melisha to satisfy the auto after some time and claim it toward the finish of the advance time frame).


Hope it helps!

Answer Link

Otras preguntas

what city is located 60 north 25 east
One way to show that a statement is NOT a good definition is to find a _____ converse.conditional.counterexample.biconditional.
Question: 35/8 ( write as mixed number ) Please help me very very quickly!!!!!!!!!!!!!!!!!!!
Consider the following system of equations. y = 2x - 2 y - 2x = 5 What can you conclude about the system of equations? The system of equations is inconsistent.
Solve the system of equations.3x+3y+6z=33x+2y+6z=74x+4y+7z=4
A transformer has a primary coil with 600 turns and a secondary coil with 300 turns. If the output voltage is 320 volts, what is the input voltage?A. 8 volts
How many eights are there in 6 1/2
Given the inequalities y > 5x-8 and y >3x+4, find the point that satisfies neither inequalities
How many eights are there in 6 1/2
2(n-3)=4n+1 this sucks not knowing the answer