BRAINLIEST IF CORRECT ANSWER Consider the following two loans for P=$5,000.
Loan A: 2.5 year loan, annual interest rate of 12%.
Loan B: 5 year loan, annual interest rate of 6%.
Both loans are paid monthly, and their interest is compounded monthly. Calculate the absolute difference between the total interest paid on both loans.
Round your answer to the nearest cent.
Do NOT round until you calculate the final answer.

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solution:

as, mean is defined as sum of all the observations divided by total number of observations.

and , median is mid value of the data whether arranged in ascending order or descending order.

consider, roadsters:

2,3,4,5,6,7,8,9

mean =

also, median= , because number of observations is even, so median is mean of two mid values.

now, coming to bandits

2,3,4,5,6

mean =  

median = 4, as number of observations is odd.

so, roadsters has greater median as well mean than bandits.

→option a is true about the repairs performed on 2 types of cars:

bandits have lower median and mean than roadsters.

ok

step-by-step explanation: