Lin is taking out a loan in the
amount of $575. Her choices
for the loan are a 7-year loan...
Mathematics, 26.04.2021 23:10, Jasoncookies23
Lin is taking out a loan in the
amount of $575. Her choices
for the loan are a 7-year loan at 4.5%
simple interest and 8-year loan at
3.9% simple interest. What is the
difference in the amount of interest Lin
would have to pay for each of these
two loans? (Round to the nearest cent)
Answers: 2
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