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You can afford to make monthly car payments of 5510 for 5 years. The dealership is offering you a loan at an APR of 9.6%.

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You can afford to make monthly car payments of 5510 for 5 years. The dealership is offering you a loan at an APR of 9.6%. Assuming you secure this loan complete the following sentences Round all final answers if needed to the nearest penny. Do not include the 5 in your answers 1. The most expensive car you can afford to buy is 2. The amount of money that you will repay over the life of this loan iss 3. The total amount of interest pald over the life of this loans

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