Question: 24. You have saved $4,000 for a down payment on a new car. The largest monthly payment you can affort is $350. The loan will

24. You have saved $4,000 for a down payment on a new car. The largest monthly payment you can affort is $350. The loan will have a 12% APR based on end-of-month payments. What is the most expensivecar you can affort if you finance it for 48 months? For 60 months?

24. You have saved $4,000 for a down payment on a new car. The largest monthly payment you can affort is $350. The loan will have a 12% APR based on end-of-month payments. What is the most expensive car you can affort if you finance it for 48 months ? For 60 months

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