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Which loan has the lowest total repayment? Monthly Payment per $100 APR 3 years 4 years 5 years 6.9% $3.08 $2.39 $1.98 7.9% $3.13 $2.44 $2.02 8.9% $3.18 $2.48 $2.07 Loan A $17.601 6.9% 5 years Loan B $16,
100k views
2 votes
Which loan has the lowest total repayment?

Monthly Payment per $100
APR
3 years
4 years
5 years
6.9%
$3.08
$2.39
$1.98
7.9%
$3.13
$2.44
$2.02
8.9%
$3.18
$2.48
$2.07
Loan A
$17.601
6.9%
5 years
Loan B
$16,290
8.9%
3 years
Ο Α
OB
O They are the same.

User Nishant Dubey
by
8.2k points

1 Answer

3 votes

Answer:

O B

Explanation:

i think

User Emil Kantis
by
7.5k points
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