Question: Todd is able to pay $200 a month for 5 years for a car. If the interest rate is 5.1 percent, how much can Todd

Todd is able to pay $200 a month for 5 years for a car. If the interest rate is 5.1 percent, how much can Todd afford to borrow to buy a car?

$10,572.45
$10,783.45
$10,445.65
$12,000.00
$9,384.45

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