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Business, 18.09.2019 16:40 kkkikibdh

Carmen is in the process of buying a car. she knows she needs a car loan, but she is unsure about which financial institution she should obtain the car loan from. should she take out a loan with a loan period of four years? five years? six years? she has $3,000 for the down payment, and the cost of the car after tax and license fees will be $8,500. she has a credit score of 620. her budget will allow her to make payments as high as $150 per month. remember, the goal is to find the most cost-effective option. which car loan should carmen choose?

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