Cathy took out a 10-year loan for $20,000 and paid 5.20% annual simple interest
• Steven took...
Mathematics, 05.05.2020 19:46, Frankia
Cathy took out a 10-year loan for $20,000 and paid 5.20% annual simple interest
• Steven took out a 15-year loan for $20,000 and paid 4.80% annual simple interest
What is the difference between the amounts of interest Cathy and Steven paid for their loans?
Answers: 2
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