AIR MATH

Math Question

M20 Problem Set
Score: 0/17 0/17 answered
Question 5
You can afford a \( \$ 400 \) per month car payment. You've found a 4 year loan at \( 3.7 \% \) annual interest rate, compounded monthly. How big of a loan amount can you afford? (Enter numeric answers to 2 decimal places.)
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