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Posted on Sep 09, 2024

Nora can afford monthly car payments of $ 2 5 0 . If she is offered a 3 - year amortized loan at 5 .

Nora can afford monthly car payments of $

250

.

If she is offered a

3 -

year amortized loan at

5.5 %

,

what is the most expensive car that she can afford? Round to the nearest cent.

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