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Jake wants to buy a new truck and he has saved 2350 for a

Jake wants to buy a new truck and he has saved $2,350 for a down payment and can make monthly payments of $575. The dealer will finance the truck over 60 months at 1.2% interest with monthly payments. Jack wants a truck costing $35,999; can Jake afford the truck?

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Finance Basics: Jake wants to buy a new truck and he has saved 2350 for a

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