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SIZIF [17.4K]
3 years ago
11

Ryan is thinking about pawning his watch to get some quick money to pay his bills. if he gets the money from the pawnbroker, wha

t type of loan will it most likely be.
nvm it was a single payment loan.
Business
2 answers:
AVprozaik [17]3 years ago
6 0

It is single payment loan for Apex :))


gtnhenbr [62]3 years ago
5 0
The correct answer is a single payment loan.
This means that he will pawn his watch to a pawnbroker, who will pay him the entire sum immediately, without having to use monthly installments or something like that. A single payment loan refers to the payment of the entire principal sum at that particular moment when the loan is taken.
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3 years ago
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wariber [46]

Answer:

$9.00.

Explanation:

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Data provided in the question

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Risk free rate = 6%

Strike price = $55

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Based on the above information

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6 0
3 years ago
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