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Dakota is using the online calculator to determine how much interest she will pay on a $20,000 loan at 7% annual interest if paid off in 5 years. Which show the correct values Dakota should input to the online calculator to find the solution?


Balance: $20,000 APR: 7% Time to repay (months): 60

Balance: $20,000 APR: 7% Time to repay (months): 5

Balance: $20,000 APR: 5% Time to repay (months): 7

Balance: $20,000 APR: 5% Time to repay (months): 84