Miles is buying a new computer
for $1,150. He is considering two
credit options. Option A of...
Mathematics, 30.01.2021 04:40 ooo712772
Miles is buying a new computer
for $1,150. He is considering two
credit options. Option A offers a 3
year loan with a 10% simple interest
rate while Option B offers a 5 year
loan with a 6.5% simple interest
rate. Which is the better option
and how much will he save?
Answers: 3
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