9) Assume that you wish to trade in your old car and buy a new car. The new car has a list price of $31,500 and you have been offered a 6-year (72-month) car loan at a nominal annual interest rate of 3.84 percent (monthly compounding). Also assume that you want your monthly payments to be no more than $340 a month and will walk away from the deal if they are higher. Given this information, determine the minimum trade-in that the dealer must offer you on your old car in order to get you to buy the new car.