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E-loan and online lending service, recently offered 36 month auto loans at 4.8% compounded monthly to applicants with good credit ratings. If you have a
E-loan and online lending service, recently offered 36 month auto loans at 4.8% compounded monthly to applicants with good credit ratings.
If you have a good credit rating and can afford monthly payments of $596
how much can you borrow from E-loan
$___________ (round to two decimal places)
And
You will pay a total of $___________ in interest (round to two decimal places)
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Principles Of Investments
Authors: Alan Marcus, Zvi Bodie, Michael Drew, Anup Basu, Alex Kane
1st Edition
0071012389, 978-0071012386
