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offers lower rates than the auto-dealer) at a 7.5% APR (annual rate). How much will you owe to the bank after 1 year? Multiple Choice

image text in transcribed offers lower rates than the auto-dealer) at a 7.5% APR (annual rate). How much will you owe to the bank after 1 year? Multiple Choice $36,637 $32,758 $39,636 $33,388 $40,216

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