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Mathematics, 25.04.2020 06:30 jedmnlp5xuks

Sky needs $6700 for school and has two options. Option A: 5 years at 5% interest with monthly payments of $126.44 Option B: 6 years at 3.5% interest with monthly payments of $103.30 Calculate the total payback on each loan and calculate how much Sky will save by choosing option B.

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Sky needs $6700 for school and has two options. Option A: 5 years at 5% interest with monthly paymen...

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