Judy needs to take out a personal loan for $2,500 for tuition assistance. her bank has offered her one of the four loan packages outlined in the chart below. determine which of the four loans will be cheapest for judy in the long run. all interest rates are compounded monthly.

a.
loan a
b.
loan b
c.
loan c
d.
loan d

there is no chart to help you with. are you able to maybe type it out? if so i would love to help you

answer: 177/8

step-by-step explanation:

$3720

step-by-step explanation:

taxable income = $31000

as per the 2018-2019 us tax bracket, the tax rate is 12% for an individual whose taxable income is between $9,526 to $38,700.

so, the tax to be paid by him = 12% of 31000

= 0.12 * 31000     [12% converted to decimal as 0.12]

= $3720