Question 3 Fiona and Franny were comparing balances and interest rates on their respective car loans. At the end of last month Fiona still owed $12,300 and is paying 3.6% interest and Franny still owed $9,500 and is paying 4.66% interest. Fiona said she was going to have a larger interest charge than Franny this month, and Franny said she was going to have a larger interest charge this than Fiona. Which one is correct? Group of answer choices Fiona is correct since her interest charge this month is $36.89 and Fiona's is $36.90 Fiona is correct since her interest charge this month is $36.90 and Franny's is $36.89 Franny is correct since her interest charge this month is $36.89 and Fiona's is $36.90 Franny is correct since her interest charge this month is $36.90 and Fiona's is $36.89 Neither are correct since both will have the same interest charge this month.
Question 3 Fiona and Franny were comparing balances and interest rates on their respective car loans. At the end of last month Fiona still owed $12,300 and is paying 3.6% interest and Franny still owed $9,500 and is paying 4.66% interest. Fiona said she was going to have a larger interest charge than Franny this month, and Franny said she was going to have a larger interest charge this than Fiona. Which one is correct? Group of answer choices Fiona is correct since her interest charge this month is $36.89 and Fiona's is $36.90 Fiona is correct since her interest charge this month is $36.90 and Franny's is $36.89 Franny is correct since her interest charge this month is $36.89 and Fiona's is $36.90 Franny is correct since her interest charge this month is $36.90 and Fiona's is $36.89 Neither are correct since both will have the same interest charge this month.
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Question 3
Fiona and Franny were comparing balances and interest rates on their respective car loans. At the end of last month Fiona still owed $12,300 and is paying 3.6% interest and Franny still owed $9,500 and is paying 4.66% interest. Fiona said she was going to have a larger interest charge than Franny this month, and Franny said she was going to have a larger interest charge this than Fiona. Which one is correct?
Group of answer choices
Fiona is correct since her interest charge this month is $36.89 and Fiona's is $36.90
Fiona is correct since her interest charge this month is $36.90 and Franny's is $36.89
Franny is correct since her interest charge this month is $36.89 and Fiona's is $36.90
Franny is correct since her interest charge this month is $36.90 and Fiona's is $36.89
Neither are correct since both will have the same interest charge this month.
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