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Please make sure to Data Analytics Project #3 completed before answering this question. Click on the Loan worksheet. The annual payment on the loan worksheet
Please make sure to Data Analytics Project #3 completed before answering this question. Click on the "Loan" worksheet. The annual payment on the loan worksheet should be $14,168.37 per year and the monthly payment should be$1,169.67 per month. Which of the following statements is TRUE if we change the down payment to zero and APR (annual percentage rate) to 6.00%? O Both the annual payment and monthly payment will decrease. The annual payment will stay the same and the monthly payment will increase. O The annual payment will increase but the monthly payment will decrease. O Both the annual payment and monthly payment will both increase. Ploase make sure to Data Analytics Project in completed before answering this question. Cick on the "Loan" workstieet. The annual payment on the loan worksheet should be 514,168.37 per year and the monthy payment should bes 1, 169.67 per month. Which of the following statements is IRUE if we change the down payment to zero and APR (annual petcentage tate) to 6 .00\%? Both the annual payment and monthly payment wit dectease The annuel payment will stay the same and the monthly payment will increase The annual poyment will increase but the monthly payment will decrease. Both the annual payment and monethy payment will both increase
Please make sure to Data Analytics Project #3 completed before answering this question. Click on the "Loan" worksheet. The annual payment on the loan worksheet should be $14,168.37 per year and the monthly payment should be$1,169.67 per month. Which of the following statements is TRUE if we change the down payment to zero and APR (annual percentage rate) to 6.00%? O Both the annual payment and monthly payment will decrease. The annual payment will stay the same and the monthly payment will increase. O The annual payment will increase but the monthly payment will decrease. O Both the annual payment and monthly payment will both increase.
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