Monday
October 20, 2014

Homework Help: math

Posted by Ms. Sue on Wednesday, June 20, 2007 at 3:21pm.

You'd also need to know the interest rate, the amount of the monthly payments, and how long you'll have to pay off the loan. The shorter period of time for the loan, the less you'll pay in interest, but the monthly payments will be higher.

What factors are the most important when considering a loan for purchasing a new car?

For starters i know that its the individiual credit if one has good credit they don't have to pay as high interest rates if one has bad credit the interest are very high.

I don't know what else would be important?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

math - A $400 loan is to be paid off in 66 monthly payments of $11.62. The ...
buissness math - Determine the total in Dexter's account after the second month ...
Consumer math !!!! please check - Determine the total in Dexter's account after...
Finance - you have contacted a number of dearlerships to determine the best ...
Finance - you have contacted a number of dearlerships to determine the best ...
Finance - you have contacted a number of dearlerships to determine the best ...
Finance - you have contacted a number of dearlerships to determine the best ...
mathematics - The monthly loan payment was calculated at 119 payments of $330.38...
Math - Maya bought a car for $15,000. To pay for it, she took a bank add-on ...
math - Andy needs to pay off a loan of $18,000 in 5 years. Find the amortization...

Search
Members