Henry has $2,500 for a down payment and thinks he can afford monthly payments of $400.If he can finance a vehicle with an 8 percent,3-year loan from a local bank,what is the maximum amount Henry can spend on the car? (Round the answer to the nearest units place.)
A)$12,765
B)$14,400
C)$14,079
D)$15,265
E)$16,879

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The Answer of Henry has $2,500 for a down payment and thinks he can afford monthly payments of $400.If he can finance a vehicle with an 8 percent,3-year loan from a local bank,what is the maximum amount Henry can spend on the car? (Round the answer to the nearest units place.)
A)$12,765
B)$14,400
C)$14,079
D)$15,265
E)$16,879

Henry Has $2,500 for a Down Payment and Thinks He