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Mathematics, 28.03.2021 01:10 googoo4

Amanda purchases a new car for $50,000. She qualifies for an APR of 2.5% with a choice of a loan length of 60 months or 84 months. Before she decides which loan she wants, she needs
to know how much interest she will have to pay for each one. Determine how much more
interest she will pay during the 84-month loan than the 60-month loan. * S
(20 Points)

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