Jamie and Adam each have a $12,000 loan with a 5-year term. Adam's interest rate is 3%, and Jamie's interest rate is 4%.
Adam's monthly payment is $216. Jaime's monthly payment is $221.
How much more in interest will Jamie pay?
a. $300
b. $960
c. $1260
d. $12,960
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Jamie and Adam each have a $12,000 loan with a 5-year term. Adam's interest rate is 3%, and Jamie's interest rate is 4%. Adam's monthly ...” in 📗 English if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The following question references the novel The Three Musketeers by Alexandre Dumas. Describe the use of humor that is used by Alexandre Dumas in The Three Musketeers. Provide two specific examples.
Answers (1)
10 lines on Good manners for class 1 student
Answers (1)
Decide whether the following is a simile, metaphor, or neither. We shall walk in velvet shoes. simile metaphor neither
Answers (1)
Button is what type of dog on animaniacs
Answers (1)
Do you agree or disagree with the following statement? "Imagination is more important than knowledge." write at least 10 sentences
Answers (1)
New Questions in English
True/False: When someone writes their autoblography, they will often include an epiphany. (epiphany = a sudden realization) True False
Answers (1)
People who in exchange for their military service, held land for a king or lord
Answers (1)
Paragraph about what beautiful on the inside means
Answers (1)
Which event described in chapter 1 of the Scarlet Letter takes place before the story begins?
Answers (2)
To be safe you should
Answers (2)