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Question 4 1 pt: You currently have two loans outstanding: a car loan and a student loan. The car loan requires that you pay $415

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Question 4 1 pt: You currently have two loans outstanding: a car loan and a student loan. The car loan requires that you pay $415 per month, starting next month for 26 more months. Your student loan is requires that you pay $83 per month, starting next month for the next 107 months. A debt consolidation company gives you the following offer: It will pay off the balances of your two loans today and then charge you $501 per month for the next 47 months, starting next month. If your investments earn 3.77% APR, compounded monthly, how much would you save or lose by taking the debt consolidation company's offer? If you lose, state your answer with a negative sign (e.g., -25,126)

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