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25. You are interested in buying a used car, one that is priced at $24,500....

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Accounting

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25. You are interested in buying a used car, one that is priced at $24,500. And, you know your maximum payment is $425 per month, but you refuse to fuulge that to the salesperson even though they are pestering you for your maximum payment. With 100% financing and Ignoring sales tax, if interest rates over 60 months are at 4.75% per yr. what is the maximum price you can pay for the car in orderto match your monthly payment parameter? a. $23,219 b. $15,710 c. $22.658 d. $20,869 25. You are interested in buying a used car, one that is priced at $24,500. And, you know your maximum payment is $425 per month, but you refuse to fuulge that to the salesperson even though they are pestering you for your maximum payment. With 100% financing and Ignoring sales tax, if interest rates over 60 months are at 4.75% per yr. what is the maximum price you can pay for the car in orderto match your monthly payment parameter? a. $23,219 b. $15,710 c. $22.658 d. $20,869

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