Phil can afford $160 a month for 5 years for a car loan. If the interest rate

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Phil can afford $160 a month for 5 years for a car loan. If the interest rate is 5.1 percent compounded monthly, how much can he afford to borrow to purchase a car?

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Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Posted Date: Jul 18, 2019 11:01 AM

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Phil can afford $160 a month for 5 years for a car loan. If the interest rate

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Engineering Economy

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