Question: Please help me with this question. Its really hard and I couldnt find the correct answer. You are looking to buy a car. You can

Please help me with this question. Its really hard and I couldnt find the correct answer.

You are looking to buy a car. You can afford $740 in monthly payments for five years. In addition to the loan, you can make a $840 down payment. If interest rates are 10.25 percent APR, what price of car can you afford? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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