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Bryce can afford a $350-per-month car payment. If he is being offered a 6-

year car loan with an APR of 4.2%, compounded monthly, what is the value of
the most expensive car he can afford?
O
A. $25,196.78
B. $22,241.32
O
c. $25,167.83
O D. $24,880.83

1 Answer

4 votes

Answer: $22,241.32 APEX

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User Leonho
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