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You can afford monthly auto loan payments of $650 per month and still meet all of your other living expenses. You want an auto loan
You can afford monthly auto loan payments of $650 per month and still meet all of your other living expenses. You want an auto loan that is for 5 years at 6% APR (end of period payments). What is the maximum auto loan that you can afford to get?
A. $9,000-$12,500 | |
B. $22,500-$25,000 | |
C. $32,500-$35,000 | |
D. $42,500-$45,000 |
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