Under what conditions can a lender repossess a vehicle?Select the best answer from the choices provided.
if the insurance premium payments are late
if the loan payments are late
if the owner's cosigner defaults on a credit card
if the owner's cosigner defaults on a car loan

Answers

Answer 1
Answer:             

If you fail to make your car payments or otherwise default on your loan, you risk having your car repossessed by your lender.  Read on to learn more about how car repossessions work, how to avoid them, and what your options are if your car gets repossessed.


Related Questions

Triangle GHI is similar to triangle JKL. Which statement is true about the two triangles? Select one: a. Angles G and L are congruent. b. Angles H and K are proportional. c. Angles I and L are congruent. d. Angles K and J are proportional.
Henry is four times older than James. Next year, Henry will be three times older than James will be. How old are Henry and James now?a. James is 3 years old; Henry is 4 years old.b. Henry is 4 years old; James is 3 years old.c. James is 2 years old; Henry is 8 years old.d. James is 8 years old; Henry is 8 years old.
Jillian is selling boxes of cookies to raise money for her basketball team. the 10 oz. box costs $3.50, while the 16 oz. box costs $5.00. at the end of one week, she collected $97.50, selling a total of 24 boxes. the system of equations that models her sales is below.x y= 243.50x 5.00y = 97.50solve the system of equations. how many 10 oz. boxes were sold?691215
If I = prt, the value of I when p = 1,000, r = 0.05, and t = 3 is
clark left for school at 7:43 am He got to school 36 minutes later. At what time did Clark get to school

Pentagon JKLMN is similar to pentagon VWXYZ.What is the measurement of angle X?
L
K150
M
W
V
What is the measurement of angle X?
Enter your answer with number only, no symbols or words.
Y
Z

Answers

The measurement of angle X in the given question is 150 degrees.

A spinner is split into 20 equal sections and numbered from 1 to 20 find P(even and odd)

Answers

Answer: 0

Step-by-step explanation:

The probably of even AND odd is not possible because an outcome can not be both simultaneously

THE VOLLEYBALL TEAM WON 80% OF THE GAMES THEY PLAYED THIS SEASON. THETEAMPLAYED A TOTAL OF 25 GAMES. how many games the volleyball team won

Answers

Answer:

20 games won

Step-by-step explanation:

duh

Ninety students auditioned for the school play. One-third of those who auditioned were cast, 6 in major roles. What fraction of those who were cast got major roles?

Answers

Answer:

Step-by-step explanation:

0.2

Total number of students: 90

Total number of students who were cast: 1/3 x x 90 = 30

Number of students who got a major role: 6

Fraction of students who got a major role: 6/30

Fraction of students who got a major role: 1/5

1/5 as a decimal is 0.2

So in conclusion, the fraction of students who were cast and got major roles is 1/5 and the answer as a decimal is 0.2!

A^2 – a – 20 factor completely

Answers

Factoring this out will be: (a-5) (a+4)

An appliance is for sale at either (a) P15,999 cash or (b) on terms, P1,499 each month for the next 12 months.  Money is 9% compounded monthly.  Which is lower, the cash price or the present value of the installment terms? Explain.​

Answers

The cash price would be lower. A further explanation is below.

According to the question,

Interest rate per month,

r = (9 \ percent)/(12)

  = 0.75 (%)

hence,

The Present value of the monthly payment will be:

= PMT* \frac{{(1 + Interest \ rate)^(number \ of \ years) - 1}}{Interest \ rate}  

= 1499* ([(1 + 0.75 \ percent)^(12) - 1] )/(0.75 \ percent)  

= 18748.89

As we can see that the cash price is 15,999. Thus the above answer is right.

 

Learn more:

brainly.com/question/4187682

Answer:

Cash price

Step-by-step explanation:

The computation is shown below:

The Interest rate per month (r) = (9% ÷ 12) = 0.75%

Now Present value of the monthly payment is

= PMT × {[(1 + rate of interest)^number of years - 1] ÷ rate of interest}

= 1,499 × {[(1 + 0.75%)^12 - 1] ÷ 0.75%}

= 18,748.89

And the cash price is 15,999

So, the cash price would be lower