Asked by ryan
Steven borrowed $5000.00 from bank a for a 3% per annum for 3 years Fred borrowed $5000.00 from bank b for a 4% for 2 years who pays more interest on his loan
Answers
Answered by
Steve
well, compare the two amounts
5000*.03*3
5000*.04*2
5000*.03*3
5000*.04*2
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