Shawn is buying a new Jet Ski for $12,500. He is considering two credit options. Option A Offers

Question

Shawn is buying a new Jet Ski

for $12,500. He is considering

two credit options. Option A Offers

a 6 year loan with 8.5% interest

compounded quarterly, while

Option B offers a 5 year loan with

10% interest compounded annually.

Which is the better option and

how much will he save?

in progress 0
Eden 5 hours 2021-10-12T21:23:22+00:00 1 Answer 0

Answers ( )

    0
    2021-10-12T21:24:28+00:00

    Answer:

    B;$573.83 crazy.

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