Mathematics, 30.01.2021 01:00, Weser17

1. Would it be better to have a loan with 5% interest, paid back in 2 years, OR a loan with 2% interest paid, back in 5 years? Explain.
Show work to justify your answer.

Please use good explanation

Answers: 3

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1. Would it be better to have a loan with 5% interest, paid back in 2 years, OR a loan with 2% interest paid, back in 5 years? Explain. Show work to justify your answer. Please use good explanation

Answers

Other questions on the subject: Mathematics

Questions in other subjects:

1. Would it be better to have a loan with 5% interest, paid back in 2 years, OR a loan with 2% interest paid, back in 5 years? Explain.
Show work to justify your answer.

Please use good explanation