asked 147k views
2 votes
Emma found a 4% interest rate for a $2750 loan for a 3-year term. Blake found the same 4% interest rate on a $2750 loan for a 5-year term. How much more interest will Blake pay on the $2750 loan with the longer term?

1 Answer

3 votes
   blake will pay 220 more than emma 
answered
User Sbodd
by
8.5k points
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