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You want to borrow $8,000 for 3 years and can afford monthly payments of $240.60, but no more. Assuming monthly compounding, what is the highest

You want to borrow $8,000 for 3 years and can afford monthly payments of $240.60, but no more. Assuming monthly compounding, what is the highest APR rate you can afford? Multiple Choice 5 23 percent 6.33 percent 6.80 percent 6.25 percent

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