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22 January, 08:12

george would like to purchase a new vehicle for his jungle tour bus business. he believes that a $500 monthly payment is affordable as long as he qualifies for a 4.5% 5 year loan. What is the amount that george believes he can borrow for the purchase of a new vehicle?

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  1. 22 January, 08:16
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    I think its 12250.

    Not sure.
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