Todd is able to pay 320 a month for 5 years for a car if


Todd is able to pay $320 a month for 5 years for a car. If the interest rate is 6.3 percent, how much can Todd afford to borrow to buy a car? $16,200.94 a)$14,525.34 b)$19,200.00 c)$16,433.34 d)$16,764.34

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Financial Management: Todd is able to pay 320 a month for 5 years for a car if
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