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Rounong in the calculation of monthly interest rates is discouraged Such rounding can lead to answers different from those presented here. For long-term loans, the

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Rounong in the calculation of monthly interest rates is discouraged Such rounding can lead to answers different from those presented here. For long-term loans, the offerences may be pronounced. You can get a car loan with a term of three years at an APR of 4 If you can afford a monthly payment of $200, now much can you borrow? (Round your answer to the nearestent $ Both

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