Your spouse needs a car and you believe you can afford no, Financial Management

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Your spouse needs a car and you believe you can afford no

Your spouse needs a car and you believe you can afford no more than $350 a month for a 5-year car loan. If the interest rate on this loan is 4% percent, what is the maximum you can afford to borrow to purchase this car? PLEASE SHOW AND EXPLAIN CALCULATIONS

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Financial Management: Your spouse needs a car and you believe you can afford no

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Financial Management: Your spouse needs a car and you believe you can afford no

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