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You currently have two loans outstanding: a car loan and a student loun. The car loan requires that you pay $438 per month, starting next

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You currently have two loans outstanding: a car loan and a student loun. The car loan requires that you pay $438 per month, starting next month for 36 more months. Your student loan is requires that you pay S137 per month, starting next month for the next 71 months. A debt consolidation company gives you the following offer. It will pay off the balances of your two loans today and then charge you $467 per month for the next 40 months. starting next month. If your investments earn 4.108 APR.compounded monthly, how much would you save or lose by taking the debt consolidation company's offer? If you lose, state your answer with a negative sign of 25.126)

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