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QUESTION 1 8 Andrew can afford a monthly car payment of $ 5 2 5 for 7 2 months at an annual interest rate of

QUESTION 18
Andrew can afford a monthly car payment of $525 for 72 months at an annual interest rate of 8.0 percent. Which of the following is closest to the amount he will be able to borrow for a new car?
A.
$28,124
B.
$29,943
C.
$31,810
D.
$33,726
E.
$35,693
F.
$37,712
G.
$39,784
H.
$41,912

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