Your parents could have taken out a loan for the ski trip in Exercise
3.
a. The simpl...
Mathematics, 05.03.2022 08:00 jessica94866
Your parents could have taken out a loan for the ski trip in Exercise
3.
a. The simple interest rate is 6% and the time for the loan is 2
years. What would have been the total amount paid for the $3000 ski
trip?
b. What would be the monthly payment, if there were equal
monthly payments?
c. Which loan option costs less, the credit card or the loan. Please help!!! Due soonnn
Answers: 1
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