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You can afford to make monthly car payments of $540 for 5 years. The dealership is offering you a loan at an APR of 7.2%.

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You can afford to make monthly car payments of $540 for 5 years. The dealership is offering you a loan at an APR of 7.2%. Assuming you secure this Joan, complete the following sentences. Round all final answers it needed to the nearest penny. Do not include the 5 in your answers 1. The most expensive car you can afford to buy is s 2. The amount of money that you will repay over the life of this loan is 5 3. The total amount of Interest paid over the life of this loan is 5

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