What factors must you consider in making your decision

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Financial Decision:- You have a $7,000 balance on your car loan at 11% interest. Your favorite aunt has just left you $10,000 in her will.

You can put the money in a money market account at your bank and pay off your car loan, or you can invest the money in mutual funds. What factors must you consider in making your decision?

Reference no: EM131299951

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