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Youve saved $1,500 for a down payment on a new car. The largest monthly payment you can afford is $615. The loan will have an

Youve saved $1,500 for a down payment on a new car. The largest monthly payment you can afford is $615. The loan will have an 8.20% APR based on end-of-month payments. What is the most expensive car you can afford if you finance it for 60 months?

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$21,767

$31,688

$30,000

$17,291

$19,767

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