Answer:
32 minutes
Step-by-step explanation:
80% = .80
40 * .80 = 32
1 ) first offer
total payments
375.76×12×4
=18,036.48
Interest paid
18,036.48−16,000
=2,036.48
Second offer
Total payments
390.61×12×4
=18,749.28
Interest paid
18,749.28−16,000
=2,749.28
Larry will save of taking 6% loan
2,749.28−2,036.48=712.8. .answer
2) credit card 1
Total payments
277.09×12
=3,325.08
Interest paid
3,325.08−3,000
=325.08
Credit card 2
Total payments
152.69×12×2
=3,664.56
Interest paid
3,664.56−3,000
=664.56
Susan will save
664.56−325.08
=339.48...answer
Hope it helps!
C on that one which is the correct answer
