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The method of calculating finance charges that typically results in the lowest finance charge is the Average Daily Balance method. This approach considers the daily balance of the account over the billing cycle, allowing for fluctuations in the balance to be averaged out, which can lead to a lower overall finance charge compared to methods like the Previous Balance method or the Adjusted Balance method. By minimizing the balance used in calculations, the Average Daily Balance method can reduce the finance charge incurred.
What else can I help you with?
If you have 5.99 finance charges on a 29400 car what will your payments be?
If there is a 5.99 percent finance charge on a loan of $29,400, there is no way to know what the payments will be if the loan repayment time is not stated. Interest is compounded on the unpaid balance. If a person has a 10 year repayment plan the payments would be around $400 at the lowest estimate.
How do you calculate the price range of 5 prices?
Calculating range: The difference between the highest and lowest values.
Where does one go to find the best car finance rate?
Car finance rates refer to the interest rates charged by financing entities when lending money to purchase an automobile. Typically, the financing entities will charge similar rates, based upon the Federal Prime Rate, but some will charge more than others. Shopping around, at banks, local banks, credit unions and dealerships, is the best way to get all the different finance rates which may be available, and find the lowest one with the best terms.
What is the role of an efficient market in finance?
Badu ----------------- The role is to have a lower spread and a lowest volatility of the market .
What determines the ratio of ions in an iconic compound?
The ratio of ions in an ionic compound is determined by the charges of the ions involved. The ratio is such that the total positive charge from cations balances the total negative charge from anions to maintain overall neutrality. This results in the lowest energy state for the compound.
Can you charge a battery after it sat for one year?
I would check the water level first if accessible. Charge out outside your home because charging batteries may emit hydrogen carbon monoxide gases. Use the lowest amp setting for a longer time for better results
What is the lowest price that a company should charge its customers?
they should charge just enough but not too much
I have a friend who may soon be in need of contacting hospice. Are your services free of charge ?
nothing is free of charge,but we have the lowest charge with a great service
What is an equation for calculating the sum of a set of numbers then subtracting out the lowest number then averaging the results?
This browser is useless for using mathematical symbols so I will have to define my own symbols.Let , and represent the sum, count and minimum, respectively, of the numbers in the set, s.Then the required answer is [ - min(s)]/[ - 1]
Understanding Corporate Finance?
Corporate finance is a discipline that focuses on the monetary decisions businesses make as part of their normal operation. Although many aspects of corporate finance mirror the decisions individuals make, more complicated decision-making is required when calculating the value of products and projects, understanding profitability and producing necessary accounting reports for investors. Corporate finance also deals with tax issues. As businesses navigate the ever-changing tax loss, they are always interested in making sure they have the lowest tax liability possible. Other aspects of corporate finance deal with capital equipment, cash management, stock valuation and other important financial decisions.
What is the lowest grain for a 303?
You will have to specify if you are talking about projectile weight or powder charge.
Which market situations in an industry results in the lowest prices for consumers?
perfect competition
