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Mathematics, 20.10.2020 08:01 samy14
Holly is taking out a loan in the amount of $10,000. Her choices for the loan are a 6-year loan at a 4% annual simple interest and a 4-year loan at 3.75% annual compound interest. What is the difference in the amount of interest Holly would have to pay for each of these two loans?
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Holly is taking out a loan in the amount of $10,000. Her choices for the loan are a 6-year loan at a...
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