Question $3(30$ points$)$

I would like to buy a Honda Civic Hybrid Hatch at $$32,950.$ I am saving my money to

make a down payment on the vehicle that would be equal to $20\%$ of its purchase

price. If I save $$166$ per month for three years, what will my total be$?$ Will I be able

to buy my car? Assume a $6\mathrm{.}5\%$ APR, compounded monthly.

$$6,591($yes$)$

$$6,372($no$)$

$$6,588($no$)$

$$6,579($no$)$

$$6,590($yes$)$