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What is the maximum amount kaylee

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Kaylee has $4,500 for a down payment and thinks she can afford monthly payments of $300. If he can finance a vehicle with a 7%, 4-year loan (assume a 0% tax rate), what is the maximum amount Kaylee can afford to spend on the car? [use the calculation in the text or the online calculators in the resource section]

Reference no: EM132404569

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