hudjdn57 hudjdn57
  • 24-01-2022
  • Mathematics
contestada

could car loan budget change month to month??

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mitripa25
mitripa25 mitripa25
  • 24-01-2022

Answer:

Car loans typically use a simple-interest format, meaning that the interest you owe on the payment date is based on the principal on that same day. However, the amount going toward your principal changes every month because a simple-interest car loan is amortized.

Step-by-step explanation:

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jtmosbey jtmosbey
  • 24-01-2022
Yes cause if u drive less
cause I don’t have a car
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