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Suppose that you have a job that leaves you with $358 per month in disposable income. You decide to use the money to buy a

image text in transcribed Suppose that you have a job that leaves you with $358 per month in disposable income. You decide to use the money to buy a car. Before looking for a car, you arrange a 100% loan whose terms are $358 per month for 58 months at 7.7% nominal annual interest. What is the maximum car purchase price that you can afford with your loan

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