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  • 29-01-2024
  • Mathematics
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5. Jerry wants to buy a new car but doesn't have enough money, so he is going to
take out a loan. Option A Is a $7500 car with a 2 year 11% simple Interest loan.
Option B is a $10,000 car with a 3 year 8% interest loan. Which loan will be a
better deal?

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