11. To buy a car, Seth borrowed $8000 at 4.8% per year, compounded monthly, for three years. His brother, Liam, borrowed $8000 for his car, at 3.2% per year, compounded monthly, for three years. (5 marks)
a) How much was Seth loaned after 3 years?
b) How much was Liam loaned after 3 years?
c) How much more interest did Seth pay than Liam?
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OK I will try.. it definitely. m
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