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Mr. Mozart negotiated a six year car loan with an interest rate of 7.26 percent compounded monthly. He is able to pay $875 a month

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Mr. Mozart negotiated a six year car loan with an interest rate of 7.26 percent compounded monthly. He is able to pay $875 a month and is trying to figure out how much he can afford to borrow. He can borrow approximately: $44,890 $45,295 $50,949 $57,351 $59,910

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