You have saved RM 4,000 for a down payment on a new car. The largest monthly payment you can afford is RM 350. The loan would have a 12 percent Annual Percentage Rate based on end-of-month payments....

You have saved RM 4,000 for a down payment on a new car. The largest monthly payment you can afford is RM 350. The loan would have a 12 percent Annual Percentage Rate based on end-of-month payments.

What is the most expensive car you could afford if you finance it for 48 months and 60 months?