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17 votes
17 votes
Consider the following two loans for P0=$2,500. Loan A: 3 year loan, annual interest rate of 15%, monthly repayments of $86.66. Loan B: 5 year loan, annual interest rate of 10%, monthly repayments of $53.12. Calculate the absolute difference between the total interest paid on both loans. Give your answer to the nearest ten dollars. Do not include the dollar sign in your answer. For example, if your answer were $88.42, you would write 90.

User Erf
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1 Answer

8 votes
8 votes

Answer:

a

Explanation:

from from comb functionality convinci

User Ahmed Mohamed
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