Mathematics, 21.04.2021 17:00 nally6636
Connor is taking out a loan in the amount of $10,000. His choices for the loan are a 4-year loan at 4% simple interest and a 6-year loan at 5% simple interest. What is the difference in the amount of interest Connor would have to pay for each of these two loans?
$1,600
$3,000
$4,600
$1,400
Answers: 2
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Connor is taking out a loan in the amount of $10,000. His choices for the loan are a 4-year loan at...
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