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Janet is considering buying a truck on credit. She has an offer from two dealerships. Dealership #1: 5-year, $38,000 truck loan at 3.8% interest compounded

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Janet is considering buying a truck on credit. She has an offer from two dealerships. Dealership #1: 5-year, $38,000 truck loan at 3.8% interest compounded monthly Dealership #2: 5-year, $37,500 truck loan at 4.4% interest compounded monthly What is the monthly payment for each loan? Which dealership provides the better deal

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