Mathematics, 11.11.2021 03:20, amxndaboogie

Michelle wants to borrow $4,500. Bank A will lend Michelle the money at a simple annual interest rate of 9%
for 6 years. Bank B will lend her the money at 11% for 4
years. Which bank would charge Michelle the least

Answers: 2

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Michelle wants to borrow $4,500. Bank A will lend Michelle the money at a simple annual interest rate of 9% for 6 years. Bank B will lend her the money at 11% for 4 years. Which bank would charge Michelle the least

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Michelle wants to borrow $4,500. Bank A will lend Michelle the money at a simple annual interest rate of 9%
for 6 years. Bank B will lend her the money at 11% for 4
years. Which bank would charge Michelle the least