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please help 1. What is the advantage of taking out a loan with a shorter payoff window? For example, if you need to borrow $15,000,

please help

1. What is the advantage of taking out a loan with a shorter payoff window? For example, if you need to borrow $15,000, what is the advantage of repaying the loan with a 3% loan with repayment of 4 years versus 4% with a repayment of 5 years

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