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Pablo is deciding between two personsl loans. For each loan, the loan amount is $4500. Use the ALEKS loan calculator for the following. Also use
Pablo is deciding between two personsl loans. For each loan, the loan amount is $4500. Use the ALEKS loan calculator for the following. Also use the regular ALEKS calculator, as necessary. Write your answers to the nearest cent. (a) For Loan A, the interest rate is 9.55% per year and the loan term is 5 years. Find the total amount to repay Loan A. (b) For Loan B, the interest rate is 9.3\% per year and the loan term is 5 years. Find the total amount to repay Loan B. (c) For which loan would he pay less, and by how much? Loan A The total amount paid iss? less. Loan B The total amount paid iss [ less. Teresa is deciding between two personal loans. For each loan, the loan amount is $9500. Use the ALEKS loan calculator for the following. Also use the regular ALEKS calculator, as necessary. Write your answers to the nearest cent. ALEKS Loan Calculator Loan amount: $ Loan term: years Interest rate: % Pablo is deciding between two personal loans. For each loan, the loan amount is $4500. Use the ALEKS loan calculator for the following. Also use the regular ALEKS calculator, as necessary. Write your answers to the nearest cent
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