Mathematics, 02.12.2020 03:00 buiratsamah

Lamar is considering two loans. Loan A
Loan B
Principal
$4,500
$4,300
Interest rate
5%
6%
Time in years
3
3

Which loan will have the lowest total payback?
Loan A will have the lowest total payback because the amount of interest paid is less than the amount of interest paid for loan B.
Loan A will have the lowest total payback because the total of the principal and the interest paid for loan A is less than the same total for loan B.
Loan B will have the lowest total payback because the interest is less than the interest for loan A.
Loan B will have the lowest total payback because the total of the principal and the interest paid for loan B is less than the same total for loan A.

Answers: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 13:00, Anikarenee

The measurement of one angle of a right triangle is 34°. what is the measurement of the third angle?

Answers: 1

continue

Mathematics, 21.06.2019 14:50, alayciaruffin076

Brook states that the distance on the line is 4 units. caleb states that the whole line does not have a distance because it continues on forever. vivian states that the line is 6 units long. which distance did brook measure? which distance did vivian measure?

Answers: 3

continue

Mathematics, 21.06.2019 16:00, ashley1460

Let the closed interval [a , b] be the domain of function f. the domain of f(x - 3) is given by (a) the open interval (a , b) (b) the closed interval [a , b] (c) the closed interval [a - 3 , b - 3] (d) the closed interval [a + 3 , b + 3]

Answers: 2

continue

Mathematics, 21.06.2019 16:30, reyesortiz6955

Its due ! write an equation in which the quadratic expression 2x^2-2x 12 equals 0. show the expression in factored form and explain what your solutions mean for the equation. show your work.

Answers: 1

continue

You know the right answer?

Lamar is considering two loans. Loan A
Loan B
Principal
$4,500
$4,300