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Business, 31.03.2020 00:12 aceccardi03

E-Loan, an online lending service, recently offered 48-month auto loans at 4.5 % compounded monthly to applicants with good credit ratings. If you have a good credit rating and can afford monthly payments of $ 448, how much can you borrow from E-Loan? What is the total interest you will pay for this loan?

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