Question: Question 3 ( 8 points ) Do not do any interim rounding, state your answer to 2 decimal places, do not label your answer (

Question 3(8 points)
Do not do any interim rounding, state your answer to 2 decimal places, do not label your answer ($,%, etc.).
Jacinda Herschel wants to buy a car and determines she can afford to pay $295.70 a month for a 5-year loan. The rate on her loan would be 5.35%. How much can Jacinda borrow?
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