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e-loan, an online lending service, recently offered 48-month auto loans at 4.2% compounded monthly to...

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Finance

e-loan, an online lending service, recently offered 48-month auto loans at 4.2% compounded monthly to applicants with good credit ratings. if you have a good credit rating snd csn afford monthly payments of $483, how much can you borrow from e-loan? what is the total interest you will pay for this loan?

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