A small business repairs its store. The builders charge them $130,000 which will be paid back in monthly installments over three years at 6.80% APR. The builders will reduce this rate to 6.30% APR if they pay $2600 up front
By approximately how much will this reduce the monthly loan repayments?
A) $109
B) $218
C) $164
D) $55
Answer: A
You might also like to view...
Which of the following statements about regulatory and legal issues is most correct?
a. States require licensure of certain healthcare providers to limit the number of providers. b. The goal of certificate of need (CON) regulation is to ensure that there are a sufficient number of clinical workers at each hospital and nursing home. c. Clinicians who are employees of hospitals do not require personal licenses, as they can practice under the umbrella of the hospital's license. d. For most providers, the primary legal concern is professional liability. e. Healthcare managers must grapple with several legal issues, but there are virtually no ethical issues that arise.
Dinner theatres are another example of a live musical or play
Indicate whether the statement is true or false