Answered

Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

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

Hope this helps :)

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.