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Mathematics, 07.05.2020 08:58 TwentyOnePawPrints21

Shawn is buying a new Jet Ski

for $12,500. He is considering

two credit options. Option A Offers

a 6 year loan with 8.5% interest

compounded quarterly, while

Option B offers a 5 year loan with

10% interest compounded annually.

Which is the better option and

how much will he save?

ansver
Answers: 3

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Shawn is buying a new Jet Ski

for $12,500. He is considering

two credit opti...
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