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Kyoko is 24 years old, and her current gross monthly income is $3,200. Given an average personal tax rate of 32% for her federal, state,
Kyoko is 24 years old, and her current gross monthly income is $3,200. Given an average personal tax rate of 32% for her federal, state, and local taxes, Kyokos net monthly income is . If she follows the advice of financial experts, what is the maximum amount that she should spend to purchase a new vehicle? (Note: Round your answers to the nearest whole dollar.) $640 $1,088 $435
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