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Robert wants to buy a car for $15,000 car. The bank will provide terms of 4 years at 8%. Robert can afford a payment of

Robert wants to buy a car for $15,000 car. The bank will provide terms of 4 years at 8%. Robert can afford a payment of up to $400 per month. Based on these terms, can Robert afford to make the payments? Explain your answer. Show work,

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