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Business, 07.10.2019 17:30 IDespretlyneedhelp

You need $25,000 today and have decided to take out a loan at 7 percent for five years. which one of the following loans would be the least expensive, in the sense that the total interest you pay would be the least? assume all loans require monthly payments and that interest is compounded on a monthly basis.

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You need $25,000 today and have decided to take out a loan at 7 percent for five years. which one of...
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