Question: Please use Excel to answer it: Your oldest child needs a car and you believe you can afford no more than $360 a month for

Please use Excel to answer it: Your oldest child needs a car and you believe you can afford no more than $360 a month for a 5-year car loan. If the interest rate on this loan is 3.4% percent, what is the maximum you can afford to borrow to purchase this car?

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