Business, 25.06.2020 02:01, YEOng

Todd can afford to pay $375 per month for the next 7 years in order to purchase a new car. The interest rate is 6.5 percent compounded monthly. What is the most he can afford to pay for a new car today

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Todd can afford to pay $375 per month for the next 7 years in order to purchase a new car. The inter...