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hent Submission & Scoring sent Submission assignment, you submit answers by questions. ment Scoring est submission for each question part is used for your score.

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hent Submission & Scoring sent Submission assignment, you submit answers by questions. ment Scoring est submission for each question part is used for your score. 0/1 Points) DETAILS CRAUDQL3 4.2.0210, W3 Submissions Used MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER In one instance, a financial institution loaned you $10,000 for two years at an APR of 5.75% for which you must make monthly payments. In a second instance, you loaned a financial institution $10,000 for two years at an APR of 5.75% compounded monthly. What is the difference in the amount of interest paid? (Round your answer to the nearest cent.) 510055 65 X ellock Somit Answer View Previous Question Question 15 of 30 view Next Question - O Type here to search A % $ o] - 9 0 5 8 6 In one instance, a financial institution loaned you $10,000 for two years at an APR of 5.75% for which you must make monthly payments. In a second instance, you loaned a financial institution $10,000 for two years at an APR of 5.25% compounded monthly. What is the difference in the amount of interest paid? (Round your answer to the nearest cent.) $ 10065.65 x

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