You have saved $4,000 for a down payment on a new car. The largest monthly payment you can afford is $350. The loan will have a 12% APR with end-of-month payments.

8. What is the most expensive car you can afford if you finance it for 48 months? (Show your answer as a positive dollar value with 2 decimal places, without a $. For example, 527.27.)

9. What is the most expensive car you can afford if you finance it for 60 months? (Show your answer as a positive dollar value with 2 decimal places, without a $. For example, 527.27.)