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Mathematics, 21.01.2020 11:31 jerenasmith8

Dora took out an 8-year loan for $83,000 at an apr of 10.7%, compounded monthly, while edith took out an 8-year loan for $93,000 at an apr of 10.7%, compounded monthly. who would save more by paying off her loan 6 years early?

edith would save more, because she borrowed $10,000 more in principal.

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Dora took out an 8-year loan for $83,000 at an apr of 10.7%, compounded monthly, while edith took ou...
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