Question: Oakley has $ 4 5 0 0 for a down payment and feels a monthly payment of $ 3 0 0 is affordable. If Oakley

Oakley has $4500 for a down payment and feels a monthly payment of $300 is affordable. If Oakley can finance a vehicle with a 7%,4-year loan from the automobile dealer, what is the maximum amount Oakley can afford to spend on the car?

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