Mathematics, 25.01.2021 21:30 sukiyoshi10

11. Mrs. Lovato is considering membership to the Regional Teachers Credit Union so that she can save money on a loan.
The credit union will lend her $11,000 for three years at 8.5%
APR. The same loan at her savings bank has an APR of 10.25%.
How much would Mrs. Lovato save in finance charges if she
joined the credit union and took out her loan there? Round to
the nearest ten dollars.

Answers: 3

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