You can afford a car payment of $$500$ a month for $3$ years. The interest rate is $9\%$ APR compounded monthly. How much can you afford to borrow?

Select one:

A$.20,576\mathrm{.}36$

B$.18,000\mathrm{.}00$

C$.20,730\mathrm{.}68$

D$.$ Correct answer not shown