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Jonathan is looking to buy a car and the he qualified for a 7-year loan from a bank offering an annual interest rate of 3.9%, compounded monthly Using the formula below, determine the maximum amount Jonathan
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Jonathan is looking to buy a car and the he qualified for a 7-year loan from a bank offering an annual interest rate of 3.9%, compounded monthly Using the formula below, determine the maximum amount Jonathan can borrow, to the nearest dollar, if the highest monthly payment he can afford is $300

User Wil P
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a because i took the test and that's what i got for the correct anwser
User Alexandru Irimiea
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