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You have saved $4,000 for a down payment on a new car. The largest monthly payment you can afford $400. The loan will have a

You have saved $4,000 for a down payment on a new car. The largest monthly payment you can afford $400. The loan will have a 15% APR based on end-of- month payments. What is the most expensive car you can afford if you finance it for 48 monthsFor 60 months? Do not round intermediate calculationsRound your answers to the nearest cent
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