You can afford a $300 month car per payment. You've found a 4 year loan at 2% interest. How big of a loan can you afford?

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.40TI: Susana invested a principal of $36,000 in her bank account with interest rate 6.5%. How much...
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You can afford a $300 per month car
payment. You've found a 4 year loan at
2% interest. How big of a loan can you
afford?
28800
Transcribed Image Text:You can afford a $300 per month car payment. You've found a 4 year loan at 2% interest. How big of a loan can you afford? 28800
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