Anthony and Carl each have a loan for $8100. They each have a loan term of 6 years. The interest rate on Anthony’s loan is 3% an
d the interest rate on Carl’s loan 5%. Anthony’s monthly payment is $123 and Carl’s monthly payment is $130, how much more in interest will Carl pay than Anthony? A.
$123
So since the constant is the same we could divide them. If you know when you divide powers of 10 you subtract so it would be 5.34/5.34 which is 1 and 10^5- 10^-2. 5 - (-2). Which is 10^7 so it would be 1*10^7