MAT 144 Week 4 Discussion 2

Want create site? With you can do it easy.

MAT 144 Week 4 Discussion 2

Choose two of the following statements and determine whether each makes sense. Support your reasoning with calculations.

Don't use plagiarized sources. Get Your Custom Essay on
MAT 144 Week 4 Discussion 2
From $8/Page
Order Essay
  1. 1. Assuming that a 3-year car loan has a lower interest rate than a 5-year loan, people should always select the 3-year loan.
  2. 2. After depositing $1,500 in an account with an APR of 4%, my balance at the end of the first year was $(1,500)*(1.04).
  3. 3. I have $1,000 to invest. One account will pay 5% interest the first year and 10% interest the second year. Another account will pay 10% interest the first year and 5% interest the second year. It does not matter which account I choose, because I will end up with the same amount of money either way.
  4. 4. I can put away $1,000 towards retirement today or $1,000 ten years from now. Either way I have invested the same amount so I will end up with the same amount when I retire in 25 years.
  5. 5. I like to keep all my money, so I pay only the minimum required payment on my credit card.
  6. 6. If I can afford to pay for a car out of pocket, I should still take out a loan and make only the monthly minimum payments. That way, the money in my savings account will continue to grow.
  7. 7. Bank A compounds interest once a month, and has no charge for a checking account. Bank B compounds interest every day, but there is a $2/month charge for a checking account. Both banks yield 1.2% APR. Bank A is always the best deal.
  8. 8. If it takes 20 years for a $100 dollar investment to double in value at a certain bank, then it should also take 20 years for a $500 investment to double in value.



Did you find apk for android? You can find new and apps.

Full satisfaction or return your money back

Our experts will write you a top-quality paper and revise it an unlimited number of times until you're 100% satisfied - or offer a refund.

Check Prices
Get the best discount and better grades here
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know that being a student these days is hard. Because of this, our prices are some of the lowest on the market.

Instead, we offer perks, discounts, and free services to enhance your experience.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
How to get the most out of your experience with Toptutor4me
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Here is what our happy clients say about us.
Receiving customer feedback and reviews from legit students who have utilized our services is one of our favorite part of the job. We love seeing testimonials from happy students whom we have helped to succeed. Read through the below review page to see what our partners think.
Perfect! Thank you guys for all of your great help! :)
Customer 452483, August 23rd, 2021
Thank you for all of your help and hard work, truly appreciate you guys always being there with my hectic schedule. Thank you again!
Customer 452483, September 20th, 2021
Healthcare Writing & Communications
Excellent!! You’re awesome, thank you very much for all of your hard work & help!!
Customer 452483, October 24th, 2021
Thank you so much! Appreciate it!
Customer 452483, November 8th, 2021
Introduction to Sociology
Thank you very much for all of your hard work!
Customer 452483, October 15th, 2021
English 101
Thank you guys for always being there and helping me always get a 100% on my assignments!
Customer 452483, August 16th, 2021
Excellent! Thank you.
Customer 452487, October 16th, 2021
came in earlier than I thought and has all the sources listed and cited in APA format, overall all perfect!
Customer 452461, May 24th, 2021
Good job! Thank you
Customer 452487, October 17th, 2021
English 101
Amazing thank you!
Customer 452615, August 1st, 2022
Thank you for your help
Customer 452555, February 16th, 2022
thank you
Customer 452639, January 24th, 2023
Total Reviews
Satsfaction rate
6 pages
Average paper length
Customers referred by a friend
Enjoy the best prices and lifetime 15% discount
Use a coupon TOP15 and enjoy expert help with any task at the most affordable price.
Order Now Order in Chat