What is the most expensive car she can purchase

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Reference no: EM13288215

Tori is planning to buy a car. the maximum payment she can make is $3400 per year, and she can get a car loan at her credit union for 7.3% interest. Assume her payments will be made at the end of each year 1-4. If Tori's old car can be traded for $3324, which is her down payment, what is the most expensive car she can purchase?

Reference no: EM13288215

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