IDNLearn.com is your go-to resource for finding answers to any question you have. Discover prompt and accurate answers from our experts, ensuring you get the information you need quickly.
On a simple interest contract a consumer can choose to finance his purchase through Company X which charges a rate of 15% or through Company Y which charges a rate of 12.5%. If this customer plans to finance $1500 for 2 years, how much more interest will he owe if he chooses to finance with Company X?
Sagot :
We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. IDNLearn.com has the solutions to your questions. Thanks for stopping by, and come back for more insightful information.