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You would like to purchase a new car and need to finance it with an car loan. You're comfortable making a $475 monthly payment and

image text in transcribed You would like to purchase a new car and need to finance it with an car loan. You're comfortable making a \$475 monthly payment and your local credit union is willing to finance the vehicle for 6 years at 9%. What is the maximum loan amount that you can borrow? $26,351.50 $2,130.81 $5,267.12 $37,353.10

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