If mia can afford car payments of 260 per month for 5 years


If Mia can afford car payments of $260 per month for 5 years, what is the price of a car that she can afford now? Assume an interest rate of 7.8 percent, and that the loan is amortized.

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Finance Basics: If mia can afford car payments of 260 per month for 5 years
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