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You have saved $5,000 for a down payment on a new car. The largest monthly payment you can afford is $450. The loan will have

You have saved $5,000 for a down payment on a new car. The largest monthly payment you can afford is $450. The loan will have a 8% APR based on end-of-month payments a.What is the most expensive car you could afford if you finance it for 48 months? b.60 months

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