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

Can you fly if you have a blood clot in your leg?
2 differences between the people in Shakespeare's time period and the people today?
Which can be represented by the expression 17 – 2x?
Which of the following can be added to the number indicated on the number line above to sum to 0? A. -7/8 B. 7/8 C. 8/7 D. -8/7
The width of a rectangle is 7 meters greater than its length. If the area of the rectangle is 170 square meters, write the quadratic equation in standard form f
how are the Cultures is in South America like the cultures in Mexico.
what happened to the colonists who opposed the Declaration of Independence
Which battle or event caused the most Japanese casualties
What can homeless people see,hear,feel,smell,taste
Can you give adjectives and good similes to describe this homeless man also personification and metaphors. thank you:)