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Mark pawns his car, which has a $10,000 fair market value, for a $5,000 loan. The pawn shop charges 25% interest per month. If Mark

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Mark pawns his car, which has a $10,000 fair market value, for a $5,000 loan. The pawn shop charges 25% interest per month. If Mark needs four months to pay off the loan, what advice would you give him? O Let them keep the car -- it will cost you more than it is worth. Pay the loan -he will need the car for work. OLet them keep the car -- by then you can find a better car for less money Pay the loan -- you don't want to have a bad mark on your credit. Let them keep the car - you were ready for a new one anyway. Pay the loan and sell the car for the amount of the loan (or higher) to get the money back

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