EXPLANATION PLEASE
Two Customers took out car loans from a bank.
Marcus took out a 5-year loa...
Mathematics, 25.03.2021 17:30, amortegaa805
EXPLANATION PLEASE
Two Customers took out car loans from a bank.
Marcus took out a 5-year loan for $10,000 and paid 4.7% annual simple interest.
Gianna took out a 6-year loan for $10,000 and paid 4.5% annual simple interest.
What is the difference between the amounts of interest Marcus and Gianna paid for their car loans?
Answers: 2
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