dabitouyatodoroki429 dabitouyatodoroki429

08-03-2024
Mathematics

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Shawn is buying a new motorcycle for $12,500. He is considering 2 credit options. Op W offers a 6 year loan with 8.5% interest compounded quarterly. Op Z offers a 5 year loan with 10% compounded annually. Which is the better option and how much will he save? ( ANSWER ASAP) A: Z; $495.21 B: Z; $573.83 C: W; $495.21 D: W; $573.83

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