# math

posted by
**Emma** on
.

Loan #1

Year Amount owed

1 $3796

2 $3942

3 $4088

Loan # 2

Year Amount owed

1 $977.53

2 $1036.18

3 1098.35

For loan #1 is simple interest. Loan #2 is compound interest

How much was each loan originally

Determine the future value of each loan after 10 years