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Compare the monthly payments and total loan cost of the following pairs of loan options assume that both phones are fixed rate and have the

Compare the monthly payments and total loan cost of the following pairs of loan options assume that both phones are fixed rate and have the same closing cost you need a $50,000 loan option one a 30-year loan at an APR of 7.15% option two a 15 year loan at a APR of 6.75%

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