Phil can afford $200 a month for 5 Years for car loan payments. If the interest rate on a car loan is 7.5 percent how much can he afford to borrow to purchase a car?

a. 8750.00

b. 9348.03

c. 9981.06

d. 10266.67

e 10400.00

please show how to compute on financial calculator or regular calculator thank you!