Jalen Wright takes home $3700 per month. He is careful about maintaining a 20% debt safety ratio. He currently has a consumer loan with a $100 monthly payment that will be paid off in 3 years and a monthly school loan payment of $150 that will be paid off in 10 years. He would like to purchase a car and wants to take advantage of his banks 4-year car loan offer at a 3.8% annual interest rate. He has $4000 saved up for a down payment. Use the appropriate formula and function (i.e. rate, nper, PMT, PV, FV) in Excel to calculate Jalens maximum monthly payment and the maximum loan amount that he could afford for his car purchase. Explain your process.