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Walter can afford monthly car payments of $140 for 3 years, starting 1 month from now. The interest rate is 7 percent, compounded monthly. How

Walter can afford monthly car payments of $140 for 3 years, starting 1 month from now. The interest rate is 7 percent, compounded monthly. How much can he afford to borrow to buy a car?

		A) $4,961.36
		B) $4,717.32
		C) $4,534.11
		D) $5,333.88
		E) $4,699.31

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