233,246 views
41 votes
41 votes
Two customers took out loans from a bank.

∙ Henry took out a 4-year loan for $5,000 and paid 4.2% annual simple interest. ∙ Ingrid took out a 6-year loan for $5,000 and paid 3.9% annual simple interest.
What is the difference between the amounts of interest Henry and Ingrid paid for their loans?

User Jehan
by
2.9k points

2 Answers

14 votes
14 votes

Answer: 330

Explanation:

.

User Kinopyo
by
2.5k points
20 votes
20 votes
The difference is $330 . :)
User YuliaUU
by
2.5k points