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E - Loan, an online lending service, recently offered 3 6 - month auto loans at 3 . 6 % compounded monthly to applicants with
ELoan, an online lending service, recently offered month auto loans at compounded monthly to applicants with good credit ratings. If you have a good credit rating and can afford monthly payments of $ how much can you borrow from ELoan? What is the total interest you will pay for this loan? Question content area bottom Part You can borrow $ enter your response here. Round to two decimal places.
ELoan, an online lending service, recently offered month auto loans at compounded monthly to applicants with good credit ratings. If you have a good credit rating and can afford monthly payments of $ how much can you borrow from ELoan? What is the total interest you will pay for this loan?
Question content area bottom
Part
You can borrow $
enter your response here. Round to two decimal places.
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