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all questions answered #6,7,8,9 #9 You look at your budget and decide that you can afford $240 per month for a car. what is the

all questions answered #6,7,8,9 #9 You look at your budget and decide that you can afford $240 per month for a car. what is the maximum loan you can afford if the interest rate is 4% and you want to repay the loan 7 years?

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