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Mathematics, 05.12.2019 08:31 sha712

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loan for vehicle loan apr payment
#1 $20,000 for 66 months 2.17% $322
#2 $25,000 for 78 months 3.38% $357
#3 $30,000 for 84 months 4.35% $415
which loan(s) would cost the borrower the least amount for the length of the loan?
a) loan #1
b) loan #3
c) loan #2 and #3
d) loan #1 and #3

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Answers: 2

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