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

Write five numbers that round up to 600
Plato's famous teacher was _____. Aristotle Alexander Socrates
Who looked for riches and new land
Which is not a legacy of Ancient Greece?
When the directive word for an essay exam is criticize, it also means to: a. discuss. b. evaluate. c. justify. d. state.
Where was the first European civilization located? Germany Crete Italy Scandinavia
Which of the following American approaches to Latin America represented a departure from the others?
Values of a Romantic poet include A. law and tradition. B. order and authority. C. nature and individualism. D. community and civilization.
what are the multiples of 37?
You have decided to study the effect of loud noise on plant growth. You put one plant in a quiet room and the other plant in your school's band hall. Providin