Chuck can afford a $490-per-month car payment, and he's interested in eithera convertible, which costs $28,700, or a sports car, which costs $29,200. If heis being offered a 6-year car loan with an APR of 6%, compounded monthly,which car can Chuck afford?β
Accepted Solution
A:
Answer:Chuck can afford both the convertible and sports car APEXStep-by-step explanation: