document.write( "Question 874879: Pretend you are taking out a $5,000 loan that you will have to pay back within 5 years with 8% interest compounded monthly. What would be a more beneficial change to your repayment plan? Explain.
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document.write( "a) reducing the term to 4 years
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document.write( "b) reducing the interest rate to 6.5%\r
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document.write( "Thanks for any help, much is appreciated . \n" );
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Algebra.Com's Answer #527816 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! beneficial is not a math term, not clearly defined. \n" ); document.write( " |