Acustomer borrowed $2000 and then a further $1000 both repayble in 12 months. what would he have saved if he had taken out one loan for $3000 repayable in 12 months?

A customer borrowed $2000 and then a further $1000 both repayble in 12 months. What would he have saved if he had taken out one loan for $3000 repayable in 12 months?

He took two different loans, it charged him loan processing fee twice, two-time documentation process, and of course, extra time spent for second loan. Instead, he could take single loan of $3000 with one-time processing fee, one-time documentation process, and time-saving also.

answer: given that the roller coaster can accommodate 1600 riders per hour, thus the roller coaster can accomodate 1600 / 60 = 26.67 riders per minute.

given that there are 345 people in the line, the number of minutes it will take for the 345 persons to get into the roller coaster is given by 345 / 26.67 = 12.94 minutes.

therefore, it will take you 12.94 minutes to get to the front of the line.

step-by-step explanation: