Which statement best compares these two loans?
Loan A
Loan B
Loan
amount
$1...
Social Studies, 02.02.2021 17:30, J3ak06
Which statement best compares these two loans?
Loan A
Loan B
Loan
amount
$15,000
$10,000
The annual percentage rate for loan A is higher
than the rate for loan B.
The interest for loans A and B will cost the borrower
the same amount over time.
The interest is about half the principal for A and
almost equal to the principal for B.
The total payment for A is higher than for B, even
though the principal is actually lower.
APR
17%
19%
Loan
repayment
term
5 years
5 years
Total
interest
paid
$7,367.32
$9.857.02
Done
Answers: 2
Social Studies, 22.06.2019 03:30, maustin5323
Read the graph that displays interest and total payments on a loan. banks make the most money and take the most risk with an interest rate of 5 percent. 10 percent. 15 percent 18 percent.
Answers: 2
Social Studies, 22.06.2019 13:30, Nico8776
George herbert mead argued that the self develops through interactions with others. do you think that your personality or self developed through your interactions with others (parents, friends, teachers) or was it something that you were born with? give an example from your life to support your view.
Answers: 3
Mathematics, 19.05.2020 15:18
Chemistry, 19.05.2020 15:18
History, 19.05.2020 15:18
Mathematics, 19.05.2020 15:18
Mathematics, 19.05.2020 15:18