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Jill is earning $3,500 per month and she is renting an apartment that will cost $750/month. She has no other debt. a. What amount can

Jill is earning $3,500 per month and she is renting an apartment that will cost $750/month. She has no other debt.

a. What amount can she afford for a car payment?

b. Suppose that Jill has a student loan payment of $200/month. What amount can she now afford for a car payment?

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