Help!!! Two customers took out car loans from a bank.
2 answers:
Answer:
Step-by-step explanation:
<u>Use the interest formula:</u>
- I = Prt, where P - amount of loan, r- interest rate, t- time in years
<u>Robert:</u>
- I = 30000*(4.9/100)*4 = 5880
<u>Susan:</u>
- I = 30000*(4.5/100)*6 = 8100
<u>Difference in amounts of interest:</u>
Susan paid $2220 more
Answer:
$2220
Step-by-step explanation:
I took the test and made a 100%
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