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Mathematics, 26.02.2021 06:50 vultuxx

Samantha is going to apply for a $15,000 loan. She is considering offers from three different banks. Bank A offers a 5-year loan with a 5.5%
interest rate compounded annually. •Bank B offers an 8-year loan with a
4.75% interest rate compounded annually. •Bank C offers a 10-year loan
with a 3.75% interest rate compounded annually. Which statement about
Samantha's loan options is true?

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Answers: 2

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