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Mr. Mozart is trying to figure out approximately how much can he afford to borrow. He negotiated a five year car loan and he is

Mr. Mozart is trying to figure out approximately how much can he afford to borrow. He negotiated a five year car loan and he is able to pay $575 a month. This loan has an interest rate of 7.6% compounded monthly.

  • $18,809

  • $22,259

  • $25,315

  • $27,531

  • $28,628

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