Mathematics
Mathematics, 03.04.2020 02:38, nope58

Colton is buying a new $1,700 camera to start a photography business. He plans to finance the camera and has two options. Option A offers an 18-month loan at a simple interest rate of 4.5%. Option B offers a 3-year loan at a simple interest rate of 2.5%. Which option should he choose and how much will he save compared to the other option?

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Colton is buying a new $1,700 camera to start a photography business. He plans to finance the camera...

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