Miles is buying a new computer for $1,150. He is considering two credit options. Option A Offers a 3 year loan with a 10% simple

Question

2 years ago

8

Miles is buying a new computer for $1,150. He is considering two credit options. Option A Offers a 3 year loan with a 10% simple

interest rate while Option B offers a 5 year loan with a 6.5% simple interest rate. Which is the better option and how much will he save? (Show your work!)

Mathematics

2 answers:

PilotLPTM [1.2K] · Answer 1 · 2023-03-22T03:55:58+03:00

PilotLPTM [1.2K]2 years ago

6 0

The answer is a and the A=28.75

prohojiy [21] · Answer 2 · 2023-03-22T02:15:29+03:00

prohojiy [21]2 years ago

4 0

Answer:

Option A

Saves=$28.75

Step-by-step explanation:

See the image .