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26 February, 14:27

Joanie takes out a loan from a finance company in order to buy a new car. The following table shows the terms of the loan. What would happen if Joanne put the same amount of money in her savings account, at 2 percent interest, for 48 months?

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  1. 26 February, 14:50
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    If Joanne put the same amount of money in her savings account, at 2 percent interest, for 48 months, she would earn less from her savings account than she spends on the loan.
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