The figure below is a contour diagram of the monthly payment on a 5-year car...

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Finance

The figure below is a contour diagram of the monthly payment on a 5-year car loan as a function of the interest rate and the amount borrowed for a used car.
What is the interest rate if the monthly payment is $80 when you borrow $4000,
Give your answer to the nearest percent.
%
(b) Suppose you borrow $5000 at an interest rate of 7%. How much more money could you borrow if the interest rate was only 4% instead?
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