You intend to buy a new car when you graduate from FSB. You know you can only afford a monthly payment of $412/month.
You want to know how much car you can afford, so you go to your bank and are told the nominal rate of interest on a new car loan is 8.76%, with a 6-year loan, no down payment.
How much car can you afford? (Make your answer a positive number, no commas, no decimals.. Example 2500, not 2,500,).