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Assume you are borrowing $ 2 5 , 0 0 0 which you will pay off over 1 0 years. Which of the following loans

Assume you are borrowing $

25, 000

which you will pay off over

10

years. Which

of the following loans would cost you the least to repay in full? Compute the

total cost of repaying the loan for each of the following loan terms to decide

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