Lemma
EasyMoney & interest
OpenStax, Contemporary Mathematics §6.9 Understanding Student Loans · Example 7 · Arithmetic · Money & interest

Understanding Student Loans · Example 7

Ernest has four federal student loans that he wants to consolidate. He combines them into one loan. What is the maximum Ernest can reduce the interest rate by?

~5 minWritten answer · compare with the solution

OpenStax, Contemporary Mathematics · §6.9 Understanding Student Loans · Example 7

Stuck? A gentle nudge

No hints for this one.

Something off?
Workspace
Your working

Check your full solution

Upload photos of your handwritten work or a PDF, and Lemma will read it and tell you whether it's right — and where it first goes wrong if not.