Trevor is considering two loan options for buying a home in Haslet.
Thrifty Hometown
Bank Bank
Loan
$124,000 $124,000
Amount
Interest Rate 3%
4%
Time
Monthly
$856.32 $591.99
Payment
15 years
30 years
Which describes the relationship between the
total amounts that Trevor would pay over the
course of the two loans?
a. He would pay $47,638.80 more with
the Hometown Bank loan.
b. He would pay $47,638.80 more with
the Thrifty Bank loan.
c. He would pay $58,978.80 more with
the Hometown Bank loan.
d. He would pay $58,978.80 more with
the Thrifty Bank loan.

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all three statements are true

step-by-step explanation:

a shipping fee of 5% is charged online with every item purchased online

first let's just take each option and calculate them based on this, to see if the answers matched

keith buys a 40 dollar book

40 x 0.05 = 2

therefore there will be a two dollar fee on keith's book

40 + 2 =42

the first statement is true

a chair costs $80

80 x 0.05 = 4

80 + 4 = 84

the second statement is true

george buys a 20 dollar calculator

20 x 0.05 = 1

20 + 1 = 21

the third statements are true

all three statements are true