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Mathematics, 03.05.2021 21:30 dixks

Chris borrows 450 dollars from Gavin. Gavin lets Chris choose either a simple interest loan for 10 years with a 3.5% interest rate or loan compound annually for 7 years with a 2% interest rate. Which should Chris choose if he wants the cheaper plan?

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Chris borrows 450 dollars from Gavin. Gavin lets Chris choose either a simple interest loan for 10 y...
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