Mathematics, 28.12.2019 20:31 sasalinas2001
Ricky is taking out a personal loan for $12,000 to remodel his kitchen. he would like the lowest monthly payment possible, even if it means a bigger finance charge in the end. his bank has offered him a loan at 13% interest for 36 months or 12% interest for 60 months, both of which are compounded monthly. which of the following statements most accurately describes what ricky should be thinking?
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Ricky is taking out a personal loan for $12,000 to remodel his kitchen. he would like the lowest mon...
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