Answer:
The 3-year loan is cheaper overall.
The 3-year loan’s monthly payment would be higher.
The 5-year loan, is more expensive overall.
The 5-year loan’s monthly payment would be lower.
Answer:

Step-by-step explanation:

64 inches is greater than 5ft. There are 12 inches in a foot. You should divide 64 by 12. You will get 5.333 (repeating, in this instance we will round up to 5.4)
Answer:
$3007.26
Step-by-step explanation:
Step one:
given data
Principal= $2000
rate= 6%= 0.06
time= 7years
Required:
The final amount A
Step two:
the expression for the compound interest is

substituting we have

For the first one it might be 26? i’m not so sure