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2. You want to buy a car. The list price is $10,000. You are able to put down $6,000. The dealer tells you, that he
2. You want to buy a car. The list price is $10,000. You are able to put down $6,000. The dealer tells you, that he is willing to lend you money at an annual interest rate of 6% but you must be able to pay off the loan in 3.5 years. You can afford $100 monthly payments. How much can the dealer lend you? a. $3526.40 b. $4452 c. $3881.35 d. $3779.83
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