You Would Like to Buy a Harley Davidson and You

Multiple Choice

You would like to buy a Harley Davidson and you can afford to make a down payment of $2,000 and pay monthly (end-of-month) payments of $1,320.If the term is 48 months and the loan rate is 9% (APR) ,then what is the maximum that you can pay for the motorcycle?

A) $55,043.91
B) $53,043.91
C) $51,043.91
D) $41,509.78
E) $42,095.71