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Loan for Vehicle Loan APR Payment #1 $20,000 for 66 months 2.17% $322 #2 $25,000 for 78 months 3.38% $357 #3 $30,000 for 84 months 4.35% $415 Which loan(s) would cost the borrower the most amount for the length of the loan? A) Loan #1 B) Loan #3 C) Loan #2 and #3 D) Loan #1 and #3

asked
User Dogoku
by
8.1k points

2 Answers

6 votes

Answer: A) Loan #1

Step-by-step explanation: Usatestprep

answered
User Juanma Feliu
by
7.9k points
0 votes
the second loan would cost
answered
User Keith Enlow
by
8.4k points
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