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Joshua wants to buy a car. They have $4,600 in trade-in value from their old car to use as a down payment. They have been
"Joshua wants to buy a car. They have $4,600 in trade-in value from their old car to use as a down payment. They have been approved for a 6-year loan at a 11.1% interest rate. The maximum they want to spend each month is $400 and they expect $50 per month in taxes, insurance, fees, and maintenance. What is the most they can afford to pay for their next car?"
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