johnsonchar503
johnsonchar503 johnsonchar503
  • 11-10-2019
  • Mathematics
contestada

How many monthly payments are made for a five years loan than for a 2 years loan? *show work*

Respuesta :

carlyrosefire
carlyrosefire carlyrosefire
  • 11-10-2019
Well, there’s 12 months in a year so two years would be 12 x 2, which is 24. 5 years would be 12 x 5, which is 60. So to get the difference you would subtract, 60- 24= 36. So there are 36 more monthly payments for a five year loan than a two year loan.
Answer Link

Otras preguntas

Who were the people living west of Mesopotamia?
Fill in the blank. Il ______ un an.
A male client took zolpidem daily for 1 week with good response, then stopped the medication. two days later, he returns to the office stating that his insomnia
which of the following is a plural subjective pronoun? A.i
What does this excerpt suggest about the effects of the emancipation proclamation? it also undermined slavery in the border states despite not being in effect
compare the bonding in chlorine, oxygen, and nitrogen. plz help
What are the factors of the expression 3x(y + 5)?
Crescendo is a notation for the music to become gradually A. softer. B. faster. C. slower. D. louder
You and a friend each randomly draw a card from a standard deck. What is the probability that at least one of you is holding a face card (jack, queen, or king)?
I need to know the answer and step by step process on this problem