is the total interest earned in time t
is the principal amount
is the simple rate of interest
April and May both took out loans to purchase a $25,000 car. April borrowed
$25,000 at 4% simp...
Mathematics, 20.04.2020 17:08 alma79
April and May both took out loans to purchase a $25,000 car. April borrowed
$25,000 at 4% simple interest for 5 years. May borrowed $25,000 at 3.75% simple
interest for 6 years. What is the difference in the amount of interest owed?
Answers: 1
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