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You are borrowing money to buy a car. If you can make payments of $330 per month starting one month from now at an interest
You are borrowing money to buy a car. If you can make payments of $330 per month starting one month from now at an interest rate of 12%, how much will you be able to borrow for the car today if you finance the amount over 5 years? A. $8,901 B. $14,835 C. $20,769 D. $17,802
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