You have decided that you would like to buy a car to drive to and from university each day. From your part-time job, you know that you can afford to pay 630 per month towards a second hand car. You go to your bank and they quote you a monthly rate of 0.5%. If you want to take the loan out over a five year period, how much can you borrow? Round your answer to two decimal places. a) 33,621.61 b) 34,138.87 c) 32,587.10 d) None of the other answers is correct e) 33,104.36