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Anh decided to buy a new car that costs $35,500. She knows that she can get a 6-year loan at 3.8% interest, and she has
Anh decided to buy a new car that costs $35,500. She knows that she can get a 6-year loan at 3.8% interest, and she has budgeted for a maximum monthly payment of $450. What is the minimum down payment Anh needs to make to keep her monthly payments at or below $450? (Answers are rounded to the nearest ten dollars.) $9,550 $3,100 $2,370 $6,570
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