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Mathematics, 02.07.2019 16:00 malachitorres813
Based on the details of each loan, which factor has the greatest impact on reducing the total repayment? loan #1: $2,000, 3 years, at 10% → $64.53 monthly payment ●loan #2: $2,000, 3 years, at 15% → $69.33 monthly payment ●loan #3: $2,000, 5 years, at 10% → $42.49 monthly payment a) longer loan period b) lower interest rate c) shorter loan period d) higher interest rate
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Based on the details of each loan, which factor has the greatest impact on reducing the total repaym...
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