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Mathematics, 30.07.2019 09:00 clairefc2019

Megan and tina each have loans for $7000 with a 3-year loan term. megan pays 6% interest and tina pays 4% interest. if megan’s monthly payment is $213 and tina’s monthly payment is $207, how much more in interest will megan pay than tina? a. $213 b. $216 c. $452 d. $668 what is the total cost to repay a credit card loan with an apr of 20%, a balance of $17,500, and a minimum monthly payment of $320? martin and linda each have a 3% interest rate on a loan of $8500. martin’s monthly payment for a 4-year term is $188. linda’s monthly payment for a 3-year term is $247. how much more in interest will martin pay than linda? a.$524 b.$392 c.$188 d.$132 what is the total cost of an easy-access loan of $1700 borrowed for 30 days with a 29% monthly fee? what is the total cost to repay a mortgage of $143,000 with a 4% interest rate for a 15-year term?

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