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You want to buy a car today, and you have found a deal that requires no money down (i.e., no cash payment up- front) from

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You want to buy a car today, and you have found a deal that requires no money down (i.e., no cash payment up- front) from a credit company. If you afford to pay $500 per month and the annual interest rate is 12% for a 3- years car loan, what is the most expensive car you can buy

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