If you are financing a new car with a loan that requires 15 interest compounded monthly over a 4 year term If you make payments $150 at the end of each month and your down payment will be $1,500, what is the maximum price you can pay for the car

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If you are financing a new car with a loan that requires 15% interest compounded monthly over a 4 year term. If you make payments

If you are financing a new car with a loan that requires 15% interest compounded monthly over a 4 year term. If you make payments $150 at the end of each month and your down payment will be $1,500, what is the maximum price you can pay for the car?

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