Mathematics, 30.06.2019 05:30, eaglesjohnson414

Amber borrows $5,000 from the bank. if she repays the loan in 5 years, the annual interest rate is 8%, compounded annually. however, if she can repay the loan in 3 years, the annual rate is 6.5%, compounded annually. how much interest will amber save by repaying the loan in 3 years? (to the nearest dollar) a) $1,152 b) $1,307 c) $583 d) $971

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Amber borrows $5,000 from the bank. if she repays the loan in 5 years, the annual interest rate is 8...