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E-loan, an online lending service, recently offered 60-month auto loans at 5.7% compounded monthly to applicants with good credit ratings. If you have a good

E-loan, an online lending service, recently offered 60-month auto loans at 5.7% compounded monthly to applicants with good credit ratings. If you have a good credit rating and can afford monthly payments of $250, how much can you borrow from E-Loan?

You can borrow $ ?

Round to two decimal places

You will pay a total of $ ? in interest ?

Round to two decimal places

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