shealynmills5 shealynmills5

19-05-2023
Mathematics

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You want to buy a new car. You can afford payments of $300 per month and can borrow the money at an interest rate of 3.8% compounded monthly for 5 years. Round appropriately. How much are you able to borrow? $ How much interest would you pay for the amount you are able to borrow?

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