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Wanda has decided to purchase a used car that costs $6700. She knows that she can afford to spend a maximum of $200 on a

Wanda has decided to purchase a used car that costs $6700. She knows that she can afford to spend a maximum of $200 on a car payment each month, and the dealership has offered her a 6 year 7.5% APR interest loan. Which Excel function can she use to determine the maximum amount she could borrow? 3 points

a) =PV(.075/12,12*6,-6700)

b) =PV(.075/12,12*6,-200)

c) =PMT(.075/12,12*6,-6700)

d) =PMT(.075/12,12*6,-200)

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