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Mike wants to buy a diesel truck which has an MSRP of $56,999.The dealer will finance the truck at 0.91% interest for 60 months.Mike thinks

Mike wants to buy a diesel truck which has an MSRP of $56,999.The dealer will finance the truck at 0.91% interest for 60 months.Mike thinks he can afford monthly payments of $911.00 per month.Can Mike afford the truck? Why?

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