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Miguel can afford to pay $150.00 per month for a car. He has $6,000.00 saved up for a down payment. His bank is offering amortized

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Miguel can afford to pay $150.00 per month for a car. He has $6,000.00 saved up for a down payment. His bank is offering amortized car loans for 1.375% compounded monthly. If he takes out a 6-year loan, what is the price of the most expensive car he can afford? $ How much will the car cost him in total? $

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