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#5 5. (10 pts) Carmen got a new job and wants to take out a car loan to buy a new car. She budgeted $300

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5. (10 pts) Carmen got a new job and wants to take out a car loan to buy a new car. She budgeted $300 a month for a car payment. Her credit union offers a 5-year amortized loan with an interest rate of 3.99%. If she wants to stay on her budget, what is the maximum amount of the loan she should take out

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