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You are borrowing money to buy a car. If you can make payments of $260 per month starting one month from now at an interest

You are borrowing money to buy a car. If you can make payments of $260 per month starting one month from now at an interest rate of 9?%, how much will you be able to borrow for the car today if you finance the amount over 4 ?years?

A. $6,269

B. $12,538

C. $14,627

D. $10,448

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