Question: You need $ 8 0 0 0 for school and has two options. Option A: 7 years at 5 % interest with monthly payments of
You need $ for school and has two options.
Option A: years at interest with monthly payments of $
Option B: years at interest with monthly payments of $
Calculate the total payback on each loan and calculate how much you will save by choosing option ASection
a Total paybacks of option A and option B
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