Yvette is considering taking out a loan with a principal of $16,200 from one of two banks. bank f charges an interest rate of 5.7%, compounded monthly, and requires that the loan be paid off in eight years. bank g charges an interest rate of 6.2%, compounded monthly, and requires that the loan be paid off in seven years. how would you recommend that yvette choose her loan?
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Yvette is considering taking out a loan with a principal of $16,200 from one of two banks. bank f ch...
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