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

How do mountains influence where people farm in the Koreas?
Rick took a 20-minute coffee break. at the end of the break, it was 10:00 a.m. what time did rick start his coffee break?
What is an example of how you can offer assistance to enhance the overall health of others? (A) Offer to cook a well-balanced meal for your family (B) Encoura
Which direction does air circulate into low pressure zones in the northern and southern hemispheres
What letter is right
Stanley's parents want him to study engineering in college, and Stanley has applied to several engineering colleges without actually considering what an enginee
The sum of the three numbers 180. If the first number is (2x-11) and the second is (x-4) which represents the third number? a) 165-3x b) 187-x c) 195-x d)195-3x
You wear a seat belt when you ride in a car because of Newton's: 1st law 2nd law 3rd law
what is the root and the suffix of the word tonsillectomy?
Can someone please check my answers? (<---- = my answer) Read the following description of a character and check what you think the person is like (Mark all