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Anettt [7]
2 years ago
10

A bank offers loans with simple interest rates for those who qualify. If the principal is the same for each, which two plans cha

rge the least interest?
A.Plan A: a 20% interest rate to be paid off in 5 years
B.Plan B: a 10% interest rate to be paid off in 8 years
C.Plan C: a 5% interest rate to be paid off in 15 years
D.Plan D: a 25% interest rate to be paid off in 18 months.
Mathematics
2 answers:
Brrunno [24]2 years ago
6 0
I’m pretty sure it’s plan A because the rest of them are either too much because if you multiply the percentage by the years and divide by 100 plan A is the least.
Julli [10]2 years ago
4 0
20is going to be the answer
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