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Mathematics, 11.05.2021 14:00 linkhyrule9922

Shawn is buying a new Jet Ski for $12,500. He is considering two credit options. Option A offers a 6 year loan with 6.5% interest compounded quarterly, while option B offers a 5 year loan with 10% interest compounded annually. Which is the better option and how much will he save?

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Shawn is buying a new Jet Ski for $12,500. He is considering two credit options. Option A offers a 6...
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