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3. Anna borrowed $10,000 to buy a new car. If the loan is repaid over 24 months, the monthly payment including interest is $450. If

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3. Anna borrowed $10,000 to buy a new car. If the loan is repaid over 24 months, the monthly payment including interest is $450. If the loan is repaid over 48 months, the monthly payment, including interest, is $245 a. What is the difference in the price of the car between the two payment options? b. Explain why Anna might choose each of these two options

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