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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?
Group of answer choices:
$21,767
$31,688
$30,000
$17,291
$19,767
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