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Larry can afford moped payments of $135 a month for 48 months. The savings and loan will lend him money to buy a bike at

Larry can afford moped payments of $135 a month for 48 months. The savings and loan will lend him money to buy a bike at 8.75 percent annual interest. How much money can he afford to borrow? $5,450.91 $5,734.95 $6,899.60 $6,022.15 $4,422.09

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