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Matthew wants to take out a loan to buy a car. He calculates that he can make repayments of $3,900 per year. If he can

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Matthew wants to take out a loan to buy a car. He calculates that he can make repayments of $3,900 per year. If he can get a six-year loan with an interest rate of 7.2%, what is the maximum price he can pay for the car? A. $22,170 B. $29,560 C. $18,475 D. $25,865

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