Ben Attackno would like to purchase a Ski-doo to ride on the lake, and can...
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- Ben Attackno would like to purchase a Ski-doo to ride on the lake, and can afford a monthly payment of up to $655. He qualifies for a 7 year loan, paid monthly at the end of each month starting with month 1, at a 4.9% annual interest rate, and the dealership requires 10% downpayment that will be paid by his girlfriend. What price motorcycle can he afford?
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