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Used car costs $7000, there are 2 possible loans. One with dealership is a three year add on interest loan at 8% with down payment
Used car costs $7000, there are 2 possible loans. One with dealership is a three year add on interest loan at 8% with down payment of $300. Second loan is with credit union , three year simple interest amortized loan at 8.5% with 10% down. Need to find monthly payment for each loan along with interest paid for each loan
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