Mathematics, 16.04.2021 19:20, jay4881

Esteban wants to take out a $5,000 loan from the bank and is offered two choices. If he pays the loan back within 3 years, he will make monthly payments of $148.07. If he pays the loan back within 5 years, he will make monthly payments of $92.53. How much more will he pay in interest if he chooses the 5-year loan?

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Esteban wants to take out a $5,000 loan from the bank and is offered two choices. If he pays the loa...

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