Mathematics, 19.02.2021 22:50 mama9297
Wilbert needs a student loan to finish school. He needs $4200 and has two options.
Option A: 4 years at 4.5% interest with monthly payments of $95.77
Option B: 3 years at 4.7% interest with monthly payments of $125.31
Which loan should Wilbert choose and how much will Wilbert save with that loan?
First, calculate the total payback on each loan.
Answers: 1
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Wilbert needs a student loan to finish school. He needs $4200 and has two options.
Option A: 4 year...
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