Mathematics
Mathematics, 16.09.2021 17:20, haza1873

Suzanne is looking at taking out a personal loan. Opportunity Loans is offering her $1600 at 3.45% for 1 year, with interest compounding monthly. General Loans is offering her $1600 at 4.2% for 1 year, with interest compounding quarterly. Assuming she makes no payments until the 1 year is up, how much interest will have accrued on each loan? On which loan will she earn the least amount of interest? Opportunity Loans = $Answer in accrued interest. General Loans = $Answer in accrued interest. The loan from Answer will earn the least amount of interest.

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 20:00, mikeysoulemison
What is the value of f(x) = 2.2 for f(-2)?
Answers: 2
image
Mathematics, 21.06.2019 23:00, nick974
Eden has a part time job. she is paid ? 7.20 an hour the week she worked 18 and a half hours how much is she paid
Answers: 1
image
Mathematics, 21.06.2019 23:20, savannahvargas512
For which pairs of functions is (fâ€Ēg)(x)=12x? f(x)=3-4x and g(x)=16x-3 f(x)=6x2 and g(x)= 2/x f(x)= and g(x) = 144x f(x)=4x and g(x) =3x
Answers: 1
image
Mathematics, 21.06.2019 23:30, blueval3tine
Sally deposited money into a savings account paying 4% simple interest per year. the first year, she earn $75 in interest. how much interest will she earn during the following year?
Answers: 1
Do you know the correct answer?
Suzanne is looking at taking out a personal loan. Opportunity Loans is offering her $1600 at 3.45% f...

Questions in other subjects:

Konu
Mathematics, 07.12.2020 18:00
Konu
Mathematics, 07.12.2020 18:00