Business, 25.08.2019 18:50 maxraph108

Rafael wants to take out a loan for $30,000. which of the following is the best option?
a. borrowing $30,000 at 5% annual simple interest
b. borrowing $30,000 at 3% annual simple interest
c. borrowing $30,000 at 5% annual compound interest
d. borrowing $30,000 at 3% annual compound interest

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Rafael wants to take out a loan for $30,000. which of the following is the best option?
a. bo...

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