Mathematics, 01.04.2021 20:30 ghlin96

Mr. Jennings plans to get a $8,000 loan for a used boat. Which loan would cost Mr. Jennings the least amount to pay back?

Answer choices:
A. Loan of 3% for 4 years
B. Loan of 6% for 2 years
C. Loan of 3.5% for 3 years
D. Loan of 4% for 4 years

Answers: 3

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Mr. Jennings plans to get a $8,000 loan for a used boat. Which loan would cost Mr. Jennings the lea...

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More questions: Mathematics Another questions

Mr. Jennings plans to get a $8,000 loan for a used boat. Which loan would cost Mr. Jennings the least amount to pay back? Answer choices: A. Loan of 3% for 4 years B. Loan of 6% for 2 years C. Loan of 3.5% for 3 years D. Loan of 4% for 4 years

Answers

Another question on Mathematics

Mr. Jennings plans to get a $8,000 loan for a used boat. Which loan would cost Mr. Jennings the least amount to pay back?

Answer choices:
A. Loan of 3% for 4 years
B. Loan of 6% for 2 years
C. Loan of 3.5% for 3 years
D. Loan of 4% for 4 years