Charlene believes that given the nature of her job, she will be able to pay $200 a month for 6years on a loan.

Charlene believes that given the nature of her job, she will be able to pay $200 a month for 6years on a loan. If the going interest rate is 8% how much can she borrow based on her ability to pay?

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Charlene believes that given the nature of her job, she will be able to pay $200 a month for 6years on a loan.

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