Question: Select the correct answer from each drop-down menu.A couple took out a 5-year $30,000 loan to pay for for their wedding. After 5 years, the

Select the correct answer from each drop-down menu.A couple took out

Select the correct answer from each drop-down menu.A couple took out a 5-year $30,000 loan to pay for for their wedding. After 5 years, the loan payments they had made to the bank amounted to$38,250.The interest rate on the loan, compounded continuously, is %. If they had taken an 8-year loan instead of a 5-year loan, they would have paid approximately $more.

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