In addition to the loan you cab make a 1600 down payment if


You are looking to buy a car. You can afford $390 in monthly payments for four years.

In addition to the loan, you cab make a $1,600 down payment. If interest rates are 8.50 percent APR, what price of car can you afford?

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Financial Management: In addition to the loan you cab make a 1600 down payment if
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