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Two customers took out car loans from a bank.

Robert took out a 4-year loan for $30,000 and paid 4.9% annual simple interest.
Susan took out a 6-year loan for $30,000 and paid 4.5% annual simple interest.
What is the difference between the amounts of interest Robert and Susan paid for their car loans?

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Answer:

Susan pays $2220 more interest than Robert

Step-by-step explanation:

Interest = principle times rate times the time

I = PRT

Robert:  I = 30000(.049)(4) = $5880  

Susan:   I = 30000(.045)(6) = $8100

8100 - 5880 = $2220