You have saved $3,000 for a down payment on a new car. The largest monthly payment you can afford is $300. The loan will have a 10% APR based on end-of-month payments.

What is the most expensive car you can afford if you finance it for 48 months? Do not round intermediate calculations. Round your answer to the nearest cent.

I am doing this assignment all in excel. The book mentioned to use the "PV" function, but I am stuck trying to figure out what to do with the $3000 downpayment when using the PV function to find out the answer. Telling me how to solve this via excel would be greatly appreciated!