Mathematics, 26.11.2021 21:20 korrinevbrulz8682

Nellie has a bankruptcy on her credit report and therefore pays higher interest rates on her current loans. She took out a car loan for $45,000 payable for 6 years at an interest rate of 15%. If she had not applied for bankruptcy, she would have been able to take out the loan at a rate of 6%. Approximately how much more in interest over the life of the loan does Nellie have to pay? a. $68,510. 16 b. $53,696. 16 c. $32,206. 32 d. $14,814. 00 Please select the best answer from the choices provided A B C D.

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