Tori is planning to buy a car. The maximum paymentshe can

Chapter , Problem 4-13

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Tori is planning to buy a car. The maximum paymentshe can make is $3400 per year, and she can get a carloan at her credit union for 7.3% interest. Assume herpayments will be made at the end of each year 14.If Toris old car can be traded in for $3325, whichis her down payment, what is the most expensive carshe can purchase?

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