Mathematics, 15.07.2019 09:40, Briza19
Suppose you have a $10,000 loan @ 5% for 10 years with a $106 dollar monthly payment; you are also offered a 3% loan with a $100 monthly payment for 10 years. which is better. explain. what factors should you consider when when comparing two loans? suppose the 3% loan at $100 monthly payments can be paid in 115 monthly payments? would this loan be better than the original loan at 5% at 10 years? explain.
Answers: 1
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Suppose you have a $10,000 loan @ 5% for 10 years with a $106 dollar monthly payment; you are also...
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