Problem 5-28 Annuities (LO3) You want to buy a new car, but you can make an initial payment of only $1.200 and can afford monthly payments of it most $850 o. If the APR on auto loans is 12% and you finance the purchase over 48 months, what is the maximum price you can pay for the car? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Maximum price b. How much can you afford if you finance the purchase over 60 months? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Monum price