Answered

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Which loan will cost its holder the most in interest?
A. $10,000 at 2 percent interest compounded for four years
B. $10,000 at 2 percent simple interest for four years
C. $5,000 at 4 percent simple interest for four years
D. $5,000 at 4 percent interest compounded for four years

Sagot :

kynzleighpearson
D or B I think is right
animaljamarctic

Answer:

D. $5,000 at 4 percent interest compounded for four years

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