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Alexandra plans to purchase a vehicle, and she is working with two bank offers: - Bank One Loan Offer: $52,800,5% annual interest, 60 months. -
Alexandra plans to purchase a vehicle, and she is working with two bank offers: - Bank One Loan Offer: $52,800,5% annual interest, 60 months. - Bank Two Loan Offor: $52,800,9% annual interest, B4 months. Alexandra's ultimate financial goal is to select the loan with the lowest monthly payment repardiess of duration. Based on her financial goal, which loan will Aievandra choose? A. Bank One: Loan Otfer A Bank Two: Loan Offer C. Both monthly payments are the same- D. Not enough information given to answer the
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