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Marty took a $5000 loan from a financial institute at a rate of 6%, which should be repaid in two equal installments of $2575.25 made
Marty took a $5000 loan from a financial institute at a rate of 6%, which should be repaid in two equal installments of $2575.25 made every 4 months . How much more interest would have been paid , had Marty paid it in a single installment after 8 months? Select one : O A . $75.25 O B. $150.50 O $200 O D. $ O E \$49.50
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