Mathematics, 30.06.2019 07:00 jonj75

Amber borrows 5000 from the bank. if she repays the loan in 5 years, the annual rate is 8%, compounded annually. however if she can repay the loan in 3 years th annual rate is 6.5% compounded annually. how much interest will amber save by repaying the loan in 3 years? a. 1152 b.1307 c.583 d.971

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Amber borrows 5000 from the bank. if she repays the loan in 5 years, the annual rate is 8%, compound...

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