Multiple Choice
You have reviewed your budget and determine that the most you can afford on a car loan is $375 per month. What is the most you can borrow if interest rates are 8% and you can pay the loan over 5 years?
A) $20,591.86
B) $16,779.02
C) $18,494.41
D) $21,147.83
Correct Answer:
Verified
Correct Answer:
Verified
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