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Charlene can afford car payments of $185 a month for 48 months. If the interest rate is 5.65 percent, how much money can she afford

Charlene can afford car payments of $185 a month for 48 months. If the interest rate is 5.65 percent, how much money can she afford to borrow?

Select one:

A.

$8,422.09

B.

$7,734.95

C.

$8,022.15

D.

$7,931.44

E.

$7,899.60

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