Mathematics, 22.04.2021 02:40 angeljohnson2081

Consider the following two loans for P=$2,500. Loan A: 3 year loan, annual interest rate of 15%, monthly repayments of $86.66. Loan B: 5 year loan, annual interest rate of 10%, monthly repayments of $53.12. Calculate the absolute difference between the total interest paid on both loans.

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Consider the following two loans for P=$2,500. Loan A: 3 year loan, annual interest rate of 15%, mon...

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