Question $40(4$ points$)$

$$

Based on your budget, you have decided that you can afford to pay $$230$ per month. towards a car loan. You have been approved for a $4-$year loan with a $5\%$ interest rate. How much can you borrow today towards a car purchase?

Question $40$ options:

$$13,495\mathrm{.}88$

$$9,986\mathrm{.}49$

$$12,333\mathrm{.}33$

$$7,433\mathrm{.}67$