Question: please need help on 8 and 9 -/2 POINTS MY NOTES | ASK YOUR TEACHER Warning: Rounding in the calculation of monthly interest rates is
-/2 POINTS MY NOTES | ASK YOUR TEACHER Warning: Rounding in the calculation of monthly interest rates is discouraged. Such rounding can lead to answers offerent from those presented here for long-term as the differences may be pronounced You borrow $22,000 with a term of two years at an APR of Use the Estimation Rule for Short-Term Loans to estimate your monthly payment. (Round your newer to the nearest cont.) Compare this estimate with what the monthly payment form g ives The actual monthly payment is about $49 less than the estimated payment. The actual monthly payment is equal to the estimated payment. The actual monthly payment is about $49 greater than the estimated payment. -12 POINTS MY NOTES ASK YOUR TEACHER discouraged. Such rounding can lead to answers different from those presented here. For long-term as the erences may be Warning: Rounding in the calculation of monthly interest rates pronounced Several years ago got a home mortgage of $114,000 with a term of 30 years at an APR of Use the Estimation Rule for Long Term Loans to estimate mo m ent Compare this estimate with what the monthly payment formula gives (Round your answer to the nearest Integer.) The actual monthly payment is about $ greater than the estimated payment. Sur e Practice Another Version -/2 POINTS MY NOTES | ASK YOUR TEACHER Warning: Rounding in the calculation of monthly interest rates is discouraged. Such rounding can lead to answers offerent from those presented here for long-term as the differences may be pronounced You borrow $22,000 with a term of two years at an APR of Use the Estimation Rule for Short-Term Loans to estimate your monthly payment. (Round your newer to the nearest cont.) Compare this estimate with what the monthly payment form g ives The actual monthly payment is about $49 less than the estimated payment. The actual monthly payment is equal to the estimated payment. The actual monthly payment is about $49 greater than the estimated payment. -12 POINTS MY NOTES ASK YOUR TEACHER discouraged. Such rounding can lead to answers different from those presented here. For long-term as the erences may be Warning: Rounding in the calculation of monthly interest rates pronounced Several years ago got a home mortgage of $114,000 with a term of 30 years at an APR of Use the Estimation Rule for Long Term Loans to estimate mo m ent Compare this estimate with what the monthly payment formula gives (Round your answer to the nearest Integer.) The actual monthly payment is about $ greater than the estimated payment. Sur e Practice Another Version
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