Mathematics, 22.02.2021 01:00 sswd
Connor is a prospective student who has been accepted for a $50,000 student loan from two different loan providers. He wants to select the student loan with the lowest total cost. The first loan is a 10-year loan at 4% and the second loan is a 20-year loan at 3%. Both loans compound the interest monthly. Which student loan should Connor select?
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Connor is a prospective student who has been accepted for a $50,000 student loan from two different...
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