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You want to buy a new car. You can make an initial payment of $ 2 , 5 0 0 and can afford monthly payments

You want to buy a new car. You can make an initial payment of $2,500 and can afford monthly payments of at most $300. If the APR on auto loans is 6% and you finance the purchase over 60 months, what is the maximum price you can pay for the car? (6)

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