BRAINLIEST *************
Using a loan calculator found HERE, which of the following loans charge the least
amount of interest for a purchase of $1000?
Loan 1) A credit card charging 20% yearly interest for 5 years.
Loan 2) A home equity loan charging 10% yearly interest for 10 years.
Explain your answer.

Respuesta :

Answer:

where is the loan calculator ????

The answer is - loan 2) a home equity loan charging 10% yearly interest for 10 years