Mathematics, 03.05.2021 21:10 alyssa337
6 Lin is taking out a loan in the amount of $575.
Her choices for the loan are a 7-year loan at 4.5%
simple interest and 8-year loan at 3.9% simple
interest. What is the difference in the amount of
5%
interest Lin would have to pay for each of these
nd
two loans? (Round to the nearest cent.)
Answers: 3
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6 Lin is taking out a loan in the amount of $575.
Her choices for the loan are a 7-year loan at 4....
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