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Sofia is considering the purchase of a car. After making the down payment, she will finance $ 1 1 comma 1 9 0 . 0

Sofia is considering the purchase of a car. After making the down payment, she will finance $11 comma 190.00. Sofia is offered three maturities. On a four-year loan, Sofia will pay $273.18 per month. On a five-year loan, Sofia's monthly payments will be $226.89. On a six-year loan, they will be $196.20. Sofia rejects the four-year loan, as it is not within her budget. How much interest will Sofia pay over the life of the loan on the five-year loan? On the six-year loan? Which should she choose if she bases her decision solely on total interest paid?

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