Question: please show your work and formula on excel You can afford to pay $375 monthly car payments. Assume an annual interest rate of 6%, and

please show your work and formula on excel

  1. You can afford to pay $375 monthly car payments. Assume an annual interest rate of 6%, and assume 60 monthly payments. You can afford to put down $3,000. Can you afford to buy a car that costs $30,000?

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