Consider the following two loans for P=$5,000.

Loan A: 2.5 year loan, annual interest rate of 12%.
Loan B: 5 year loan, annual interest rate of 6%.
Both loans are paid monthly, and their interest is compounded monthly. Calculate the absolute difference between the total interest paid on both loans.
Round your answer to the nearest cent.
Do NOT round until you calculate the final answer.

Aubrey read 29 books and eli read 52 books what number is equal to the number of books aubrey read?

Javier bought a painting for $150. each year, the painting's value increases by a factor of 1.15. which expression gives the painting's value after 77 years?

Astudy claims that the mean age of online dating service users is 40 years. some researchers think this is not accurate and want to show that the mean age is not 40 years. identify the null hypothesis, h0, and the alternative hypothesis, ha, in terms of the parameter μ. select the correct answer below: h0: μ≥40; ha: μ< 40 h0: μ≤40; ha: μ> 40 h0: μ≠40; ha: μ=40 h0: μ=40; ha: μ≠40