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Brenda and Eddie both borrow $55,000 for 15 years. Brendas interest rate is 3.4%, while Eddies is 4.5%. How much more will Eddie pay in
Brenda and Eddie both borrow $55,000 for 15 years. Brendas interest rate is 3.4%, while Eddies is 4.5%. How much more will Eddie pay in total interest over the 15 year loan than Brenda if they both make annual payments?
A) $4,269 B) $5,697 C) $5,130 D) $3,851 E) $4,115
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