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Assume you will be able to afford car payments of $ 2 5 0 per month and the current interest rate for a 5 -

Assume you will be able to afford car payments of $250 per month and the current interest rate for a 5-year new car loan is 12.0%. How much can you afford to spend on a car if you already have a $2,000 down payment saved up? $ 3,2390 $ 9,239O $11,239O $13,239$15,239

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