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You are getting ready to buy a car. After looking at your budget, you can afford monthly car payments of $200 per month. The current
You are getting ready to buy a car. After looking at your budget, you can afford monthly car payments of $200 per month. The current 5 year auto loan has an APR of 3%. If you have no money for a down payment, what is the maximum price of a car that can you afford?
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