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Samantha has been approved for a $20,000 car loan at 6% interest. The lender is willing to give her a three-year loan or a four-year
Samantha has been approved for a $20,000 car loan at 6% interest. The lender is willing to give her a three-year loan or a four-year loan at the same rate. at the same rate. How much difference will it make in her monthly payments? (Round to the nearest $10).
a.
$100
b.
$1,710
c.
$140
d.
$90
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