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scZoUnD [109]
3 years ago
8

Joy is taking out a car loan which she will pay back with interest.which option will require her to pay the lowest amount in int

erest?
Social Studies
1 answer:
alexdok [17]3 years ago
4 0
The answer is "annual compounding".

With whatever is left of the compoundings she should pay more cash. With a semi-yearly rate she wil need to pay right around 1000 dollars more than in an anual intensifying. With a quarterly period she should pay nearly an indistinguishable sum from a semi-yearly period. Presently with a monthly time span she would need to pay just about 2000 dollars of interest. 
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This is the term that is sued to refer to the powers that exists in the  government of the United States that is not left or reserved exclusively for the national government or the state government of the United States. An example is the power to tax.

Hence we can say that: When congress chooses to act exclusively in an area in which the states and the national government have concurrent powers, congress is said to have preempted the area.

Read more on concurrent powers here: brainly.com/question/847131

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