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14) Noah needs a car to get to his new job each day. He figures he can afford to pay $120 each month. Since he

is not looking at a new car, his bank will only give him a 4-year loan at 9.20 percent interest. Given these
parameters, what is the most Noah can borrow? Give answer to nearest hundred dollars.
O a.) $4600
Ob.) $4800
Oc.) $4900
O d.) $5000

1 Answer

3 votes

Answer: $4600

Explanation:

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