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FP 100T Week 3 WileyPLUS Weekly Exam//tutorfortune.com

FP 100T Week 3 WileyPLUS Weekly Exam//tutorfortune.com<br><br>Click on below link to buy<br>https://tutorfortune.com/products/fp-100t-week-3-wileyplus-weekly-exam<br><br>FP 100T Week 3 WileyPLUS Weekly Exam<br> <br><br>In this graded assignment, you are assessed on the content covered in this weeksu2019 readings, activities, and assignments. To help you prepare, it is recommended that you first complete this weeku2019s Learning Path and Self-Test Learning Activities prior to completing this exam.<br><br>Complete the Week 3 WileyPLUS Weekly Exam covering this weeku2019s assigned readings:<br><br>u201cChapter 5: Managing Credit: Credit Cards and Consumer Loansu201d<br> <br>u201cChapter 6: Making Automobile and Housing Decisionsu201d<br> <br>Note: Work submitted in WileyPLUS does not count toward attendance. Be sure to post at least two times each week in the online classroom to avoid being auto-dropped from the course.<br><br>Question 1<br>Your answer is correct.<br><br>In calculating the annual percentage rate on a credit card account, the total annual finance charges includes interest and<br><br>late payment charges<br><br>all fees and charges assessed on the account<br><br>mandatory annual fee<br><br>overlimit charges<br><br> <br>Question 2<br><br>The purpose of an amortization table is to<br><br><br>estimate the average monthly balance<br><br><br>calculate monthly payments on a mortgage<br><br> <br>show the breakdown of monthly payments into interest paid on the outstanding balance and principal repayment over the life of a loan<br><br> <br><br>identify when the loan will be paid in full<br><br>Question 3<br><br><br>Your answer is correct.<br><br> <br><br>The legal document that specifies the terms and conditions of a consumer loan is the<br><br>trust agreement<br>FP 100T Week 3 WileyPLUS Weekly Exam//tutorfortune.com<br><br>Click on below link to buy<br>https://tutorfortune.com/products/fp-100t-week-3-wileyplus-weekly-exam<br><br><br>

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FP 100T Week 3 WileyPLUS Weekly Exam//tutorfortune.com

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  1. FP 100T Week 3 WileyPLUS Weekly Exam//tutorfortune.com Click on below link to buy https://tutorfortune.com/products/fp-100t-week-3-wileyplus-weekly-exam F P 1 0 0 T We e k 3 Wi l e y P L U S We e k l y E x a m   I n t h i s g r a d e d a s s i g n me n t , y o u a r e a s s e s s e d o n t h e c o n t e n t c o v e r e d i n t h i s w e e k s ’ r e a d i n g s , a c t i v i t i e s , a n d a s s i g n me n t s . T o h e l p y o u p r e p a r e , i t i s r e c o mme n d e d t h a t y o u fi r s t c o mp l e t e t h i s w e e k ’ s L e a r n i n g P a t h a n d S e l f - T e s t L e a r n i n g A c t i v i t i e s p r i o r t o c o mp l e t i n g t h i s e x a m. C o mp l e t e   t h e We e k 3 Wi l e y P L U S We e k l y E x a m c o v e r i n g t h i s w e e k ’ s a s s i g n e d r e a d i n g s : “ C h a p t e r 5 : Ma n a g i n g C r e d i t : C r e d i t C a r d s a n d C o n s u me r L o a n s ”   “ C h a p t e r 6 : Ma k i n g A u t o mo b i l e a n d H o u s i n g D e c i s i o n s ”   N o t e : Wo r k s u b mi t t e d i n Wi l e y P L U S d o e s n o t c o u n t t o w a r d a t t e n d a n c e . B e s u r e t o p o s t a t l e a s t t w o t i me s e a c h w e e k i n t h e o n l i n e c l a s s r o o m t o a v o i d b e i n g a u t o - d r o p p e d f r o m t h e c o u r s e . Q u e s t i o n 1 Y o u r a n s w e r i s c o r r e c t . I n c a l c u l a t i n g t h e a n n u a l p e r c e n t a g e r a t e o n a c r e d i t c a r d a c c o u n t , t h e t o t a l a n n u a l fi n a n c e c h a r g e s i n c l u d e s i n t e r e s t a n d l a t e p a y me n t c h a r g e s a l l f e e s a n d c h a r g e s a s s e s s e d o n t h e a c c o u n t ma n d a t o r y a n n u a l f e e o v e r l i mi t c h a r g e s   Q u e s t i o n 2 T h e p u r p o s e o f a n a mo r t i z a t i o n t a b l e i s t o e s t i ma t e t h e a v e r a g e mo n t h l y b a l a n c e

  2. c a l c u l a t e mo n t h l y p a y me n t s o n a mo r t g a g e   s h o w t h e b r e a k d o w n o f mo n t h l y p a y me n t s i n t o i n t e r e s t p a i d o n t h e o u t s t a n d i n g b a l a n c e a n d p r i n c i p a l r e p a y me n t o v e r t h e l i f e o f a l o a n   i d e n t i f y w h e n t h e l o a n w i l l b e p a i d i n f u l l Q u e s t i o n 3 Y o u r a n s w e r i s c o r r e c t .   T h e l e g a l d o c u me n t t h a t s p e c i fi e s t h e t e r ms a n d c o n d i t i o n s o f a c o n s u me r l o a n i s t h e t r u s t a g r e e me n t FP 100T Week 3 WileyPLUS Weekly Exam//tutorfortune.com Click on below link to buy https://tutorfortune.com/products/fp-100t-week-3-wileyplus-weekly-exam

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