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Alexeev081 [22]
2 years ago
10

If a new-car loan costs 6%, a used-car loan would cost approximately ___ percent

Business
1 answer:
Rufina [12.5K]2 years ago
8 0
I'm guessing it's like half of that.
So 3%.
However, I saw online 4.9 %
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Option C  

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3 years ago
Hannah has liabilities totaling $29,750 (excluding her mortgage of $99,167). Her net worth is $42,500. What is her debt-to-equit
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Debt-to-equity ratio = 0.70

Explanation:

given data

liabilities totaling = $29,750

mortgage = $99,167

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solution

we get here debt-to-equity ratio that is express as

debt-to-equity ratio = Total Debt ÷  Total Equity    ....................1

put here value and we will get

Debt-to-equity ratio  = \frac{29750}{42500}    

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Debt-to-equity ratio = 0.70  

 

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