Mathematics, 04.03.2020 02:28, fonsworth5

Sarah takes out a loan for $30,000. She has two choices for the loan; a 5 year loan with 5% simple interest or a 7 year loan with 4% compound interest. What is the difference in the amount of interest she would owe?

Question 5 options:

$1,189.50

$31,977.95

$1,977.95

$900

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 15:00, jennsou

The system of equations graphed below has how many solutions?

Answers: 1

continue

Mathematics, 22.06.2019 01:30, joree

What is the surface area of the sphere?

Answers: 1

continue

Mathematics, 22.06.2019 04:00, jordanlacie65

Ineed some on this. not sure how to solve.

Answers: 1

continue

Mathematics, 22.06.2019 04:30, Rawr5801

Every night nathan has to read for at least 25 minutes write and inequality that shows how long nathan can read each night

Answers: 1

continue

Do you know the correct answer?

Sarah takes out a loan for $30,000. She has two choices for the loan; a 5 year loan with 5% simple i...

Questions in other subjects:

Social Studies, 07.10.2020 09:01

What was a central belief in the religions of the four early civilizations? They believed in only one god. They did not believe that gods could be female. They used th...

Law, 07.10.2020 09:01

Which is a definition of "civil society"? That sphere of voluntary individual, social, and economic relationships and organizations that, although limited by law, is not part of g...

Mathematics, 07.10.2020 09:01

(3.2 x 1010)(3.75 x 106)(4 x 106)(6 x 105)Please explain step by step...

Social Studies, 07.10.2020 09:01

Which two professions were created as a result of the development of cuneiform in Mesopotamia? shepherd priest scribe blacksmith bureaucrat...

English, 07.10.2020 09:01

What was Mary Shelley's position in society, and how did it both influence her and become influenced by her?...

English, 07.10.2020 09:01

What evidence from the passage best supports the theme that one's true nature is revealed in times of distress? "True? Is this true, that I read here?" “No, no—i...

Computers and Technology, 07.10.2020 09:01

b. Apart from the OOPs concepts learned in the lesson, Identify additional concepts and write an essay on their functionalities. Explain how they are used in a program....

Mathematics, 07.10.2020 09:01

List the numbers in order from least to greatest for 7-9. 7.-8, 4, 9, -3, -4,3 8. 167, -197, -200, 15, -65, -110 9. 7, -2, -5, 2,4...

Chemistry, 07.10.2020 09:01

5. Is the characteristic of a substance that can be observed without changing it into another substance. A) Chemical properties B) Physical properties C)Chemistry I

Mathematics, 07.10.2020 09:01

Another store, Healthy Pets, sells dog food in 50 pound bags for $88.45 per bag. If one bag of food from Pets Galore costs $46.04, how much would Sean save by buying 150 pounds of...

Other tasks in the category: Mathematics More task

Sarah takes out a loan for $30,000. She has two choices for the loan; a 5 year loan with 5% simple interest or a 7 year loan with 4% compound interest. What is the difference in the amount of interest she would owe? Question 5 options: $1,189.50 $31,977.95 $1,977.95 $900

Answers

Other questions on the subject: Mathematics

Questions in other subjects:

Sarah takes out a loan for $30,000. She has two choices for the loan; a 5 year loan with 5% simple interest or a 7 year loan with 4% compound interest. What is the difference in the amount of interest she would owe?

Question 5 options:

$1,189.50

$31,977.95

$1,977.95

$900