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icion call Choose from two Loan otters : I DIG , you at 870 simple Interest tory months ra $12000 9 - month discounted loan

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icion call Choose from two Loan otters : I DIG , you at 870 simple Interest tory months ra $12000 9 - month discounted loan at 7% discount . Based on the actual interest said and the true rate on the discounted loan , which of the two loan offers will Acton house ? Explain your answer . ( 40 points )

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