Henry took out a 4 year loan for 5,000 and payed 4.2% simple annual interest. Ingrid took out a 6 year loan for 5,000 and payed 3.9% simple annual interest. What is the difference between the mounts of interest Henry and Ingrid payed for their Loans

Ingrid pays 330 more than Henry.

                     OR

Henry pays 330 less than Ingrid.

Step-by-step explanation:

SI = Simple Interest

P = Principal

R = Rate

T = TIme

Henry

=> SI = P x R x T / 100

=> SI = 5,000 x 4 x 4.2 /100

=> SI = 50 x 4 x 4.2

=> SI = 200 x 4.2

=> SI = 840

Ingrid

=> SI = P x R x T / 100

=> SI = 5,000 x 6 x 3.9 / 100

=> SI = 50 x 6 x 3.9

=> SI = 300 x 3.9

=> SI = 1170

1170 - 840

=> 330

Ingrid pays 330 more than Henry.

                      OR

840 - 1170

=> -330

Henry pays 330 less than Ingrid.

the answer is 96 degrees

step-by-step explanation:

you have to realize that a line equals 180 degrees

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