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Find the vehicle payment under the following conditions: A loan of $15,000.00 at 5.2% compounded monthly with monthly payment for 5 years. $ 284.44
Find the vehicle payment under the following conditions: A loan of $15,000.00 at 5.2% compounded monthly with monthly payment for 5 years. $ 284.44 A loan of $15,000.00 at 5.7% compounded monthly with monthly payment for 5 years. $287.90 Find the morgage payment under the following conditions: A loan of $213,000.00 at 8.4% compounded monthly with monthly payment for 31 years. A loan of $213,000.00 at 8.9% compounded monthly with monthly payment for 31 years. +A $ In both situation above, the difference in the rate is 0.5%. What seems to have the greatest effect on the borrower. Amount borrowed length of the loan interest rate
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