Mathematics, 14.05.2021 05:50 brooklynunderwood46
Two customers took out 5-year loans from a bank.
- Jamal took out a $4,000 loan with 4.5% annual simple interest
- Samantha took out a $4,000 loan with 4.5% interest compounded annually
What is the difference in the amounts of interest Jamal and Samantha will pay for their loans?
Answers: 1
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Two customers took out 5-year loans from a bank.
- Jamal took out a $4,000 loan with 4.5% annual si...
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