Question: 13 Question 12 (0.15 points) You are trying to decide between a 48-month loan and a 60-month car loan. If the loan is for $28,000

 13 Question 12 (0.15 points) You are trying to decide between

13 Question 12 (0.15 points) You are trying to decide between a 48-month loan and a 60-month car loan. If the loan is for $28,000 at 4% APR, how much more per month is the monthly payment of the shorter loan? Your Answer: 18

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