Mathematics, 13.01.2021 20:00 heyhowdy

Dylan is looking to take out a bank loan for $11,500 and he has two options. Option A: 3.8% compounded annually for 3 years
Option B: 3.8% Simple Interest for 3 years
Which Option should he choose? How much money will he save by choosing this option?
A-Option A, $50.49
B-Option B, $50.49
C-Option A, $11,550.45
D-Option B, $11,550.45

Answers: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 15:00, ashhleyjohnson

Which expression is equivalent to 5r674 pression is equivalent to see lo 5r614) 4r322,4 ) 5 ( 2 5t5 |

Answers: 3

continue

Mathematics, 21.06.2019 16:00, RyannLambertt9722

On saturday morning, calls arrive at ticketmaster at a rate of 108 calls per hour. what is the probability of fewer than three calls in a randomly chosen minute?

Answers: 1

continue

Mathematics, 21.06.2019 17:30, lorihab1970

Can someone me and plz do the problem

Answers: 2

continue

Mathematics, 21.06.2019 18:10, NeverEndingCycle

True or false look at the picture pls : /

Answers: 2

continue

You know the right answer?

Dylan is looking to take out a bank loan for $11,500 and he has two options. Option A: 3.8% compoun...

Questions in other subjects:

Social Studies, 08.09.2020 15:01

What is the proper role of government (e. g, services, functions, promoting equality, etc.)?...

Mathematics, 08.09.2020 15:01

The weights of five trout caught in Lake Placid are 2 lb 15 oz, 1 lb 10 oz, 2 lb 1 oz, 1 lb 11 oz, and 1 lb 10 oz. What is the median weight of the five fish?...

Mathematics, 08.09.2020 15:01

Consider the following initial-value problem.4x2y'' + y = 0, y(−1) = 4, y'(−1) = 2Use the substitutiont = −xand find general solution of the resulting differential equation. y(t) =...

Social Studies, 08.09.2020 15:01

Five bookstores open shop in a small city. Within a month, Bookstore A sells 1,000 books; Bookstore B sells 4,000; Bookstore C sells 6,000; and Bookstore E sells 7,000. Significant...

English, 08.09.2020 15:01

A body turns up on the shore- who is it and what do the police think happened Frankenstein...

Social Studies, 08.09.2020 15:01

"The client is given medication instructions for maintenance therapy for oral dantrolene sodium for the treatment of spasticity. Which client statement indicates understanding of t...

History, 08.09.2020 15:01

1. Identify Cause and Effect What were the Slaughterhouse Cases and what was their effect in southern states?...

Engineering, 08.09.2020 15:01

Determine the x, y, and z components of the 900-N force, the angles theta theta and theta that the force forms with the coordinate axes....

Social Studies, 08.09.2020 15:01

Geert hofstede undertook what is probably the most famous study of how culture relates to values in the workplace. Through his research in the late 1960s and early '70s, he was abl...

History, 08.09.2020 15:01

Why might de Las Casas have spoken out against the encomienda system?...

More questions: Mathematics Another questions