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Mathematics, 07.05.2020 05:08 nardosem9

E-loan an online lending service recently offered 48-month auto loans at 5.7% compounded monthly to applicants with good credit ratings. If you have a good credit rating and can afford monthly payments of $462, how much can you borrow from E-Loan? What is the total interest you will pay for this loan?

You can borrow $_. (Round to two decimal places.)

You will pay a total of $_. (Round to two decimal places.)

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