Which interest rate and time would result in the lowest total loan repayment for a %50,000 loan earning simple interest? A. 30 years at 3%
B.25 years at 3.5%
C.15 years at 6%
D 20 years at 4.5%

Choice B

Explanation:

Convert each percentage mentioned to decimal form. Example: 3% = 0.03

Then multiply each time value with the decimal form of the interest rate.

A) 30*0.03 = 0.9B) 25*0.035 = 0.875C) 15*0.06 = 0.9D) 20*0.045 = 0.9

Choice B yields the smallest result, so it will lead to the lowest amount of interest to pay on top of the principal. Therefore, option B is the best route to have the lowest total repayment.

the law of definite proportions states samples of a compound will always contain the same proportion of elements by mass. in other words, a given compound will always contain the same elements in the same proportions by mass.the law of multiple proportions states when two elements combine with each other to form more than one compound, then the weights of one element that combine with a fixed weight of the other are in a ratio of small whole numbers.

Aquadratic function is one of the form f(x)=ax2 + bx + c l, where a,b, and c are numbers with are not equal to zero.