Mathematics, 01.12.2020 22:40 100113801
The Wright's took out an 8,000 personal loan for some home improvement projects. They can pay off the loan in 2 years with monthly payments of $354.56, or in 5 years with monthly payments of $154.66.
Bernard says the 2-year term will save them $770.16 in interest
Bonnie says the 5-year term will save them $770.16 in interest.
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Answers: 3
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The Wright's took out an 8,000 personal loan for some home improvement projects. They can pay off th...
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