You want to buy a new car, but you can make an Initial payment of, only $1,200 and can afford monthly payments of at most $850. a. If the APR on auto loans is 12% and you finance the purchase over 48 months, what is the maximum price you can pay for the car? (Do not round Intermedlate calculetlons. Round your answer to 2 decimal places.) Maximum price b. How much can you afford if you finance the purchase over 60 months? (Do not round Intermedlate calculetlons. Round your answer to 2 declmal places.) Maximum price