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Todd can afford to pay $325 per month for the next 6 years in order to purchase a new car. The interest rate is 5.5

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Todd can afford to pay $325 per month for the next 6 years in order to purchase a new car. The interest rate is 5.5 percent compounded monthly. What is the most he can afford to pay for a new car today? $20,555.49 $19,658.59 $19,892.41 $27,648.86 O $18,897.79

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