Olive is able to pay $320 a month for 5 years on a car loan....
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Finance
Olive is able to pay $320 a month for 5 years on a car loan. If the APR of the car loan is 8.4 percent. How much can she afford to borrow to buy a car?
A. 15,666.67
B. 15,743.32
C. 16,408.17
D. 15,633.88
E. 14,809.19
Please use formula not excel
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