Estimate what price of car can you afford

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Reference no: EM131971099

You are looking to buy a car. You can afford $610 in monthly payments for five years. In addition to the loan, you can make a $710 down payment.

If interest rates are 9.00 percent APR. what price of car can you afford? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value $

Reference no: EM131971099

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