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  • 25-11-2022
  • Business
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John is looking for a new car. he has a down payment of \$1{,}500.00$1,500.00 and wants to pay \$400.00$400.00 per month for 55 years. the best deal he found for an amortized loan is his local bank, at a rate of 2.852.85\%%​. what is the highest price car he should consider buying?

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