Business, 30.06.2019 19:30 rayanne6050

Candice wants to buy a $2500 scooter with a loan from her local bank. which loan option would be best for candice if she wants the lowest interest rate and wants to pay off the scooter within 5 years. loan option 1 will take less than 4 years to pay off and have an annual interest rate of 15%, and total interest of about $700. loan option 2 will take 3 years to pay off, at which point she will have paid $1,050 in interest. loan option 3 will take 7 years to pay off, and the total paid for the scooter will be $3200. loan option 4 will take 5 years to pay off, and the total paid for the scooter will be $3500. its the first one btw i guessed it

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Candice wants to buy a $2500 scooter with a loan from her local bank. which loan option would be bes...

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