Josh and Michael each have a loan for $6200 with a 4% interest rate. Josh has a monthly payment of $183, and Michael has a month

Question

3 years ago

12

Josh and Michael each have a loan for $6200 with a 4% interest rate. Josh has a monthly payment of $183, and Michael has a month

ly payment of $114. How much more in interest will Michael pay if his loan term is 5 years and Josh’s loan term is 3 years? A. $114 B. $183 C. $252 D. $388

Mathematics

2 answers:

Natalija [7] · Answer 1 · 2022-02-27T05:08:13+03:00

Natalija [7]3 years ago

7 0

Your Answer For This Question Is B

Andrew [12] · Answer 2 · 2022-02-27T07:18:42+03:00

Andrew [12]3 years ago

3 0