Question: You have saved $3.000 for a down payment on a new can The largest monthly payment you can afford is $400. The loan will have

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You have saved \$3.000 for a down payment on a new can The largest monthly payment you can afford is $400. The loan will have a 9% APR based on end of month payments. What is the most expensive car you can afford if you finance it for 48 months? For 60 months? Do not round intermedlate calculations. Pound your answers to the nearert cent. Financed for 48 months: 5 Financed tor60 months: 5

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