Mathematics, 14.04.2021 21:20 mustafajibawi1

Chris borrows 450 dollars from Gavin. Gavin lets Chris choose either a simple interest loan for 10 years with a 3.5% interest rate or loan compound annually for 7 years with a 2% interest rate. Which should Chris choose if he wants the cheaper plan?

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Chris borrows 450 dollars from Gavin. Gavin lets Chris choose either a simple interest loan for 10 y...

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