You are looking to buy a car you can afford 580 in monthly


You are looking to buy a car. You can afford $580 in monthly payments for five years. In addition to the loan, you can make a $680 down payment. If interest rates are 9.75 percent APR, what price of car can you afford? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

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Financial Management: You are looking to buy a car you can afford 580 in monthly
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