Demarcus and Lauren each take out a $90,000 loan for a new condo. Each has to repay the loan in 10 years. Demarcus will pay an interest rate of 2.8% per year. His monthly payments will be $771. Because Lauren has a lower credit score, she will have to pay an interest rate of 3.7% per year. Her monthly payments will be $840. How much more will a $90,000 loan cost Lauren than Demarcus?

4.6875 pounds

step-by-step explanation:

option a is correct.

step-by-step explanation:

scale factor: it is used to find proportional measurements.

proportions means having the same ratio.

scale factor is the ratio of the model measurement to the actual measurement in a simplest form.

or we can say that the ratio of any two corresponding lengths in two similar geometric figures

if the scale factor is more than 1, then it is an enlargement,

if the scale factor less than 1, then it is a reduction.

given the two geometric figure:

by definition of proportions, we have