Answer: $286
Explanation:
First and foremost, we have to calculate the loan that is need by Molly which will be:
= $25495 - $2500 - $500
= $22495
At 1.9% APR, the monthly interest rate will be:
= 1.9%/12
= 0.0112
=0.001583
Since the number of payments is 84, then the monthly payment of Molly will be:
= 22495 × 0.001583 / (1-1/1.001583^84)
= $286
Pam always drives under the speed limit to her risk and keep insurance costs down. Even so, she got into an accident and filed a to cover the expenses of repairing her car. One of the costs of doing so was that her insurance would likely increase in the future.
answers:
1. reduce
2. claim
3. premiums
Answer:
1. reduce
2. claim
3. premiums
just realized u already knew the answers lol....
Answer:
reduce, claim, premiums
Explanation:
got it right on edge !! :)