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Molly is celebrating her exciting new career and wants to upgrade her junky old car for a shiny new Jeep Patriot. She heads to

Molly is celebrating her exciting new career and wants to upgrade her junky old car for a shiny new Jeep Patriot. She heads to Jeep's website and sees the following financing deals: Finance for 0% APR 2016 Patriot Latitude 4x4 For 36 months Plus up to $1.500 Cash Alowance Offer xpires on 02-01-2016 Spa Laude rin Astu wag Starg $17.595 $19,740 water Serge $25,495 www.BOLE $24,775 Finance for 1.9% APR For 4 months Pls up to $500 Cash Alowance Offron 02-01-2018 View Diadosure ONC P Bad Note: For this activity, assume Molly's going to pay the exact MSRP of $25,495. This is most likely NOT true, but we'll use it for simplicity. Answer the following questions using the details from the 0% APR offer above. Please round all answers to the nearest dollar. 1. Molly has a $2500 down payment saved for this purchase, and the dealer's $1500 Cash Allowance will come straight off her total. How much loan does Molly need? Molly's loan will be 1000

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