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Jill wants to buy a car but needs to calculate how much she can afford to borrow. The maximum she can repay is $1900 at

Jill wants to buy a car but needs to calculate how much she can afford to borrow. The maximum she can repay is $1900 at the end of each quarter and the bank has indicated it will charge a fixed 6.3% p.a compounding quarterly. If she takes a loan for 5 years how much can she afford to borrow?

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