subject
Mathematics, 14.05.2021 05:50 brooklynunderwood46

Two customers took out 5-year loans from a bank. - Jamal took out a $4,000 loan with 4.5% annual simple interest
- Samantha took out a $4,000 loan with 4.5% interest compounded annually
What is the difference in the amounts of interest Jamal and Samantha will pay for their loans?

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:00, theodoredenetz8316
Adifferent website gives the cost for the first train as £56.88 and the second train as £20.11 with a £9.50 charge for cycle storage for the whole trip. how much would the journey cost you?
Answers: 1
image
Mathematics, 21.06.2019 23:00, soldierboy771
What is the length of the midsegment of a trapezoid with bases of length 15 and 25 ?
Answers: 1
image
Mathematics, 21.06.2019 23:00, freebyyy7032
Unaware that 35% of the 10000 voters in his constituency support him, a politician decides to estimate his political strength. a sample of 200 voters shows that 40% support him. a. what is the population? b. what is the parameter of interest? state its value c. what is the statistics of the interest? state its value d. compare your answers in (b) and (c) is it surprising they are different? if the politician were to sample another 200 voters, which of the two numbers would most likely change? explain
Answers: 2
image
Mathematics, 22.06.2019 00:00, mya1318
How can i differentiate this equation?
Answers: 1
You know the right answer?
Two customers took out 5-year loans from a bank. - Jamal took out a $4,000 loan with 4.5% annual si...

Questions in other subjects:

Konu
History, 26.02.2021 15:00
Konu
Mathematics, 26.02.2021 15:00