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You want to borrow $65,000 from your local bank to buy a new sailboat . You can afford to make monthly payments of $1,320, but no more .

You want to borrow $65,000 from your local bank to buy a new sailboatYou can afford to make monthly payments of $1,320, but no moreAssuming monthly compounding, what is the highest APR you can afford on a 60-month loan

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