Question: 1. What is the maximum amount Jose can borrow today if it must be repaid in 36 months with simple interest at 3% and he

1. What is the maximum amount Jose can borrow today if

1. What is the maximum amount Jose can borrow today if it must be repaid in 36 months with simple interest at 3% and he knows that at the time he will be able to repay no more than $4500

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