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Kika and Mato each took out a loan for $5,000 from the bank. Kika has an interest rate of 5.2%, and he plans to repay the loan in 5 years. Mato has an interest rate of 7.5%, and…

Kika and Mato each took out a loan for $5,000 from the bank. Kika has an interest rate of 5.2%, and he plans to repay the loan in 5 years. Mato has an interest rate of 7.5%, and…
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Kika and Mato each took out a loan for $5,000 from the bank. Kika has an interest rate of 5.2%, and he plans to repay the loan in 5 years. Mato has an interest rate of 7.5%, and he plans to repay the loan in 24 months. Who will pay more in interest, and about how much more will he pay?

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User Morg
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1 Answer

1 vote

Answer:

its kika 700

Step-by-step explanation-

i took the math test and got it right

answered
User Speksy
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8.1k points
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