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anaishindsp07emm
30.01.2021 •
Mathematics
1. Would it be better to have a loan with 5% interest, paid back in 2
years, OR a loan with 2% interest paid, back in 5 years? Explain.
Show work to justify your answer.
Please use good explanation
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Ответ:
It depends on how long it takes you to pay for it.
Step-by-step explanation:
Basically, because its lower interest, and a higher time period, then you will be paying less than if it were 5% in 2 years. HOWEVER, if you know it will be(lets say 10 years) then the amount due will be the same.
I tried my best to help out, sorry if this is incorrect.(Its been a while sense I've done math like this)
Ответ:
Ответ:
you need to you equation b i think not 100% shore
Step-by-step explanation:
don't know how to explain