Two customers took out loans from a bank. Henry took out a 4-year loan for $5,000 and paid 4.2% annual si • Ingrid took out a 6-year loan for $5,000 and paid 3.9% annual si What is the difference between the amounts of interest Henry and In

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
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11.
Two customers took out loans from a bank.
Henry took out a 4-year loan for $5,000 and paid 4.2% annual simple interest.
• Ingrid took out a 6-year loan for $5,000 and paid 3.9% annual simple interest.
What is the difference between the amounts of interest Henry and Ingrid paid for their loans?
$330
$417
$150
$60
SAMA
Transcribed Image Text:its itslearning (9) Meeting | Microsoft Tean HISD OnTrack Stude b student.schoolcity.com/studenthisd/Common/Index A online.houstonisd.org bookmarks its itslearning CommonLit Black P... Sa 20-21_HISD_STAAR_G8_MTH_E_Apr12-16 [42 Items] All Items 1-10 11 12 13 14 15 16 17 18 19 20 21-30 11. Two customers took out loans from a bank. Henry took out a 4-year loan for $5,000 and paid 4.2% annual simple interest. • Ingrid took out a 6-year loan for $5,000 and paid 3.9% annual simple interest. What is the difference between the amounts of interest Henry and Ingrid paid for their loans? $330 $417 $150 $60 SAMA
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