Chuck can afford a 490 per month car payment and he s interested in either...

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Chuck can afford a 490 per month car payment and he s interested in either a convertible which costs 28 700 or a sports car which costs 29 200 If he is being offered a 6 year car loan with an APR of 6 compounded monthly which car can Chuck afford A Chuck can afford neither the convertible nor the sports car B Chuck can afford the convertible but not the sports car C Chuck can afford the sports car but not the convertible D Chuck can afford both the convertible and the sports car

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