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An online lending service is offering 48-month car loans at 3.9% compoimded monthly for those with good credit. If you have good credit and can
An online lending service is offering 48-month car loans at 3.9% compoimded monthly for those with good credit. If you have good credit and can pay $430 a month, how much can you borrow from the lending service? What is the total interest you will pay for this loan?
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