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You are looking to buy a car and can afford to pay maximum $240 per month. If the interest rate on a 60-month car
You are looking to buy a car and can afford to pay maximum $240 per month. If the interest rate on a 60-month car loan is 6.0% APR, compounded monthly, what is the most expensive car you can afford to buy? Round your answer to the nearest dollar. Your Answer:
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
