You want to purchase a new car, but can only afford a payment of $1,800 per...

You want to purchase a new car, but can only afford a payment of $1,800 per month. If the dealer tells you that they have financing available at an APR of 5% for a 48-month loan, how much can you afford to borrow for your new car (given the $1,800 payment)?

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Please upvote if the answer is helpful.In case of doubt,do comment.Thanks.

jeff jeffy answered 1 year ago

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