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someone needs to borrow $13,000 to buy a car and the person has determined that monthly payments of $250 are affordable. the bank offers a
someone needs to borrow $13,000 to buy a car and the person has determined that monthly payments of $250 are affordable. the bank offers a 4 year loan at 7% APR, a 5-year loan at 7.5%, or a 6 year loan at 8% APR. Which loan best meets the person's needs?
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