You have some extra cash this month and you are considering putting it toward your car loan. Your interest rate is 7.1%, your loan payments are $695 per month, and you have 3 months left on your loan. If you pay an additional $1,100 with your next regular $695 payment (due in one month), how much will it reduce the amount of time left to pay off your loan? (Note: Be careful not to round any intermediate steps less than 6 decimal places.) The new time left to pay off your loan will be months. (Round to one decimal place.)

Q: do you have the answer in a different format using equations

A: The present value is the present worth of the amount that will be paid or received in the future.

Q: Define each of the following terms: g. Decision tree; staged decision tree; decision node; branch

A: Decision tree: A decision tree is a method of arranging a set of consecutive decisions, which is…

Q: Define Assigning.

A: Assigning is a process of assignment. Assignment means a transfer of a right to receive a…

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A: Perpetuity: It is a stream of cash flow that is presumed to continue for an indefinite period.

Q: is the target of data flow. Select one: O a. Destination O b. Pass O c. Source O d. Stores

A: Which is the target of data flow as follows:-

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Q: Define Reconciliation method

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Q: can you please type out the equation

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Q: Which "view" gives you the ability to drop and drag fields to create relationships between tables? O…

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Q: Can you make QBI more understandable? Are you able to describe the steps?

A: Qualified Business Income Deduction (QBID) It is  the final  deduction  to be made  before…

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A:

Q: Explain the process followed and the result

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Q: How to do the according equation

A: Accounting Equation is the double-entry system used by the organization to get the balance sheet and…

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A:

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Q: Explain how the E-R diagrams is used to prepare database tables. Also, include explanation of…

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