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Mathematics 16 Online
OpenStudy (anonymous):

Deanna wants to borrow $8000. Two banks offer a 4-year loan term. One loan has a 5% interest rate, and the other has a 6% interest rate. How much more interest will Deanna pay if she accepts the loan at 6% for the 4-year term?

OpenStudy (anonymous):

@Mehek14

OpenStudy (alexishope47):

6% each year?

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