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Mathematics, 30.06.2019 06:30 jeonkara

Amber borrows $1,450 from the bank. if she repays the loan in 3 years, the annual interest rate is 5%, compounded annually. however, if she can repay the loan in 2 years, the annual rate is 3.5%, compounded annually. how much interest will amber save by repaying the loan in 2 years? (to the nearest dollar) a) $126 b) $205 c) $230 d) $90

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Amber borrows $1,450 from the bank. if she repays the loan in 3 years, the annual interest rate is 5...

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