Mathematics, 07.05.2021 02:50 SmokeyRN

orlando wants to borrow $3,000 for the purchase of a used car he has to pay back the loan after 4 yesrs the two loan options are simple interest at a rate of 5.8% each year or interest compounded annually at a rate of 5.2% each year wgich methos should he choose simple or compound and how much less will he owe using that method

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