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Richard needs to borrow $43,472 and has narrowed his search for a loan to two banks. The first bank offers 79-month simple interest loans at

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Richard needs to borrow $43,472 and has narrowed his search for a loan to two banks. The first bank offers 79-month simple interest loans at an annual rate of 4.7%. The second bank offers 48- month simple discount loans at an annual rate of 4.3%. Assuming he chooses the bank that will lead to the smaller maturity value, what will the maturity value be? Round your answer to the nearest dollar

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