Which of the following will result in the greatest total interest? (Unless specified otherwise, assume the interest is calculated as simple interest.)
A loan of $5000 for 5 years at a 7% annual interest rate

A loan of $5000 for 10 years at a 7% annual interest rate

A loan of $5000 for 5 years at a 14% annual interest rate

A loan of $5000 for 5 years at a 14% annual compound interest rate

Question

Which of the following will result in the greatest total interest? (Unless specified otherwise, assume the interest is calculated as simple interest.)
A loan of $5000 for 5 years at a 7% annual interest rate

A loan of $5000 for 10 years at a 7% annual interest rate

A loan of $5000 for 5 years at a 14% annual interest rate

A loan of $5000 for 5 years at a 14% annual compound interest rate

anonymous · Answer

@sky577 @austinjesse

anonymous · Answer

Im geussing D because A is the smallest and both B and C equal exactly the same number. D has to be the answer

anonymous · Answer

yea plus its logic that d is the answer when doing the math