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How much can todd afford to borrow to buy a car

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Reference no: EM131435035

Todd is able to pay $290 a month for 6 years for a car. If the interest rate is 6.0 percent, how much can Todd afford to borrow to buy a car?

  • $17,801.46
  • $17,498.46
  • $15,480.46
  • $20,880.00
  • $17,292.46

Reference no: EM131435035

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