• Mary took out a 4-year loan for $10,000 and paid 6.50% interest compounded annually
• Kyle to...
Mathematics, 16.03.2020 22:18 dondre54
• Mary took out a 4-year loan for $10,000 and paid 6.50% interest compounded annually
• Kyle took out a 6-year loan for $10,000 and paid 4.50% interest compounded annually
What is the difference between the amounts of interest Mary and Kyle paid for their loans?
A)$123.87
B)$157.94
C)$212.30
D)$287.69
please do not guess
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