Mathematics, 24.01.2020 18:31 AngelOfLove
Josh is buying a rv and is taking out a loan in the amount of $20,000. his choices for the loan are a 5-year loan at 6.00% annual simple interest and a 6-year loan at 7.00% annual simple interest. what is the difference in the amount of interest josh would have to pay for these two loans? a) $1,200 b) $2,000 eliminate c) $2,400 d) $3,000
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