Please explain how you would get the answer no need to solve
brooke needs a $6,000 personal loan.
which loan option would allow her to pay back the least amount of money?
question 1 options:
24-month loan with an 8% annual simple interest rate
36-month loan with a 6% annual simple interest rate
60-month loan with a 4% annual simple interest rate
72-month loan with a 2% annual simple interest rate