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28. Jack would like to buy a new car. He can afford a monthly car payment of $380. At the local credit union, he gets

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28. Jack would like to buy a new car. He can afford a monthly car payment of $380. At the local credit union, he gets a car loan for 60 months at 6.75% annual rate compounded monthly. What is the largest amount he can borrow from the credit union? N = 1% = PV = PMT = FV = P/Y = C/Y =

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