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6 You want to buy a new car, but you can make an initial payment of only $2,100 and can afford monthly payments of at

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6 You want to buy a new car, but you can make an initial payment of only $2,100 and can afford monthly payments of at most $425 a. If the APR on auto loans is 9% and you finance the purchase over 36 months, what is the maximum price you can pay for the car? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) 10 points Skipped Maximum price eBook Print b. How much can you afford if you finance the purchase over 48 months? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) References Maximum price

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