Mathematics, 14.10.2020 01:01 avery2020
Al and Angela both took out loans from the bank for $2,000 to help with their bills. Al's loan was calculated with a simple interest rate of 14% and Angela's loan had an interest rate of 13% that compounded annually. They each paid off their loans in 5 years. Who repaid the bank more money and how much more did they repay?
Answers: 3
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Al and Angela both took out loans from the bank for $2,000 to help with their bills. Al's loan was c...
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