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solve by using excel formula please You have saved $4000 for a down payment on a new car. The largest monthly payment you can afford
solve by using excel formula please
You have saved $4000 for a down payment on a new car. The largest monthly payment you can afford is $350. The loan will have a 12% APR based on end-of-month payments. a. What is the most expensive car you can afford if you finance it for 48 months? b. For 60 months Step by Step Solution
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