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oved Assume that you borrow $27,000 for six years to buy a car at an interest rate of 4.8% per year. If the loan has

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oved Assume that you borrow $27,000 for six years to buy a car at an interest rate of 4.8% per year. If the loan has monthly payments, what is the total amount of interest that you will pay over the life of the loan? 1) $3,917.75 O2) $4,210.07 3) $4,015.98 4) $3,847.60 5) $4,127.76

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