Mathematics, 09.04.2021 18:00 suewignall
David is buying his firstkar and will need to borrow $12,000 from his parents, who are offering a 5% simple interest rate.
He can take out a loan for a period anywhere between 1 year and 5 years. How much more would a 5 year loan cost him
than a 1 year loan?
Answers: 2
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David is buying his firstkar and will need to borrow $12,000 from his parents, who are offering a 5%...
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