Jasmine is taking out a small business loan for her floral shop. She plans to apply for a $30,000 loan with a 5-year term and a
3.75% interest rate. She is unsure of her expected monthly profits, so she wants to know the benefit of a smaller loan. Using the loan amortization formula, how much money would Jasmine save over the life of the loan if she were to borrow $10,000 less?
1 would be D. 2. Is A since 3^2=9 and -3^2=9 And 9-9=0. Im pretty sure A. For number 3. Just because the two x-values are 3 and -3. I’m sorry if I’m wrong on #3.
