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In shopping for a new-to-me car, I would like to keep my monthly payment at or below $250. With an annual interest rate of 9.0%
In shopping for a new-to-me car, I would like to keep my monthly payment at or below $250. With an annual interest rate of 9.0% (compounded monthly), which loan will allow for the "most" car (and observing the desired monthly payment)? O $2,762.00 for 60 months O $10,046.20 for 48 months $14,452.01 for 60 months O $9,000.00 for 36 months O None of the above
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