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  2. Vehicle insurance in the United States - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance_in_the...

    Loan/lease payoff coverage, also known as GAP coverage or GAP insurance, [15] [16] was established in the early 1980s to provide protection to consumers based upon buying and market trends. Due to the sharp decline in value immediately following purchase, there is generally a period in which the amount owed on the car loan exceeds the value of ...

  3. Annual percentage rate - Wikipedia

    en.wikipedia.org/wiki/Annual_percentage_rate

    Annual percentage rate. Parts of total cost and effective APR for a 12-month, 5% monthly interest, $100 loan paid off in equally sized monthly payments. The term annual percentage rate of charge (APR), [1][2] corresponding sometimes to a nominal APR and sometimes to an effective APR (EAPR), [3] is the interest rate for a whole year (annualized ...

  4. Effects of the 2008–2010 automotive industry crisis on the ...

    en.wikipedia.org/wiki/Effects_of_the_2008–2010...

    General Motors bankruptcy. Only days after approaching the U.S. Government to seek further funding, General Motors published its losses for the final quarter of 2008 to be at $9.6 billion (£6.7 billion). This brought its overall 2008 losses to $30.9 billion. In 2007, General Motors made a loss of $38.7 billion.

  5. Subprime mortgage crisis - Wikipedia

    en.wikipedia.org/wiki/Subprime_mortgage_crisis

    Loans of various types (e.g., mortgage, credit card, and auto) were easy to obtain and consumers assumed an unprecedented debt load. [13] [14] As part of the housing and credit booms, the number of financial agreements called mortgage-backed securities (MBS), which derive their value from mortgage payments and housing prices, greatly increased.

  6. Orders of magnitude (numbers) - Wikipedia

    en.wikipedia.org/wiki/Orders_of_magnitude_(numbers)

    1/52! chance of a specific shuffle Mathematics: The chances of shuffling a standard 52-card deck in any specific order is around 1.24 × 10 −68 (or exactly 1 ⁄ 52!) [4] Computing: The number 1.4 × 10 −45 is approximately equal to the smallest positive non-zero value that can be represented by a single-precision IEEE floating-point value.

  7. The Best Cheap Champagne for Under $15 a Bottle - AOL

    www.aol.com/best-cheap-champagne-under-15...

    Best Champagne-Like Bubbly. Traditional Champagnes made in the Champagne region of France are too pricey for our under-$15 a list. These three are the next best thing to capture the smoothness and ...

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