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Abigail has determined that she can afford a monthly payment of $425 for a car. If she can obtain a 5-year car loan at an
Abigail has determined that she can afford a monthly payment of $425 for a car. If she can obtain a 5-year car loan at an annual interest rate of 2.75%, what is the maximum she can finance (in dollars)? (Round your answer to the nearest dollar.)
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