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Mathematics, 30.01.2020 04:59 linnybear300

Jenny has a balance of $10,000 on her credit card with an annual interest rate of 15%. to pay off the $10,000 in three years, jenny will have to make a minimum payment of $346.65 per month. jack has a balance of $10,000 on his credit card with an annual interest rate of 15%. to pay off the $10,000 in five years, jack will have to make a minimum payment of $237.90 per month. who will pay more during the length of their loan and by how much? a) jack will pay $1,794.60 more. b) jack will pay $1,305.00 more. c) jenny will pay $1,794.60 more. eliminate d) jenny will pay $1,305.00 more.

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