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You believe that you can afford a car payment of $250 per month. The bank has quoted you an annual rate of 5.0% on a

You believe that you can afford a car payment of $250 per month. The bank has quoted you an annual rate of 5.0% on a five year loan, making monthly What is the size of the loan you can take out? Group of answer choices

A. $4,732.32

B. $1,082.37

C. $17,001.69

D. $13,247.55

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