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karl can afford car payments of $235 a month for 48 months. The bank will lend him money to buy a car at 7.75 percent

karl can afford car payments of $235 a month for 48 months. The bank will lend him money to buy a car at 7.75 percent interest. How much money can he afford to borrow?

A. $9,672.48 B. $9,734.95 C. $9,899.60 D. $10,022.15 E. $10,422.09

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