Register

Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in interest?

Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in interest?
asked 17.0k views
1 vote
Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in interest?

asked
User Xiaohua Cao
by
8.5k points

2 Answers

4 votes

Answer:

I think the answer is A

Step-by-step explanation:

answered
User Vinitius
by
7.8k points
2 votes
The answer to your question is Annual Compounding
answered
User Ilya Sabanin
by
7.4k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What can turn igneous rock into sediment?
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!