Question:

Mary needs to borrow 12 000 she can borrow the money at 6

Last updated: 4/19/2023

Mary needs to borrow 12 000 she can borrow the money at 6

Mary needs to borrow 12 000 she can borrow the money at 6 simple interest for 3 yr or she can borrow at 4 with interest compounded continuously for yr a How much total interest would Mary pay at 6 simple interest b How much total interest would Mary pay at 4 interest compounded continuously c Which option results in less total interest Part 0 3 Part 1 of 3 a How much total interest would Hary pay at 6 simple interest At 6 simple interest the total interest Mary would pay is