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  3. sally wants to buy a car but is unsure how much of

Sally wants to buy a car but is unsure how much of . she can...

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Accounting

Sally wants to buy a car but is unsure how much of . she can afford. The maximum monthly payment she can afford is $780.. Her banks interest rate is 14%. annually if she pays off the loan over 5 years. What is the maximum amount she can afford to borrow?

  1. Impossible to calculate given the available data
  2. She can afford $53, 352.05
  3. She can afford $46,800.03

D-She can afford $33,522,07

Someone said all options are wrong, can you calculate and show work?

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