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Someone who wants to buy a car has saved a down payment of 4000 TL....

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Accounting

Someone who wants to buy a car has saved a down payment of 4000 TL. It will be able to pay a maximum of 350 TL per month. 12% interest on the debt will be paid to the employee on a monthly basis at the end of the month. If he can finance the payments for 48 months, what will be the most expensive car this person can buy?

A)12220.79

B)13290.89

C)16220.79

D)17290.89

E)21290.89

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