Connor is taking out a loan in the amount of $10,000. His choices for the loan are a 4-year loan at 4% simple interest and a 6-year loan at 5% simple interest. What is the difference in the amount of interest Connor would have to pay for each of these two loans? $1,600
$3,000
$4,600
$1,400

 $3,000

Step-by-step explanation: Calculating exactly how much interest you'll pay on a debt can be tricky ... If you take out a $10,000 loan or buy a $10,000 car, your principal balance is an easy $10,000. ... This is different from a revolving account, such as a credit card, ... In your first year, you'll be paying $400 in simple interest on that loan:.

step-by-step explanation:

i am not sure sorry : c

not enough information

step-by-step explanation:

we cannot know this, because the other students could have handed out 10 flyers, or they could have handed out 100. one way, the mean would go up, and another way, the mean would go down.