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Ursula wants to buy a car, but doesn't know how much of a car loan she can afford to get. She can pay $600/month towards a car loan. She can get a 3-year loan at 3.5% APR. What is the maximum car loan that Ursula can afford? (End of period)

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Financial Management, Finance

  • Category:- Financial Management
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