need help

[toddm027]

I am trying to calculate if I have a 60 month auto loan at 3.6% compounded monthly, and I can afford $517.00 per month. How much can I borrow. Also how much interest would I pay? Can anyone help me with this formula and solving? Any help is appreciated.

 

[toddm027]

I am coming up with $28,349.64 and $2670.36 as interest paid. Could someone please confirm this for me.
Thanks

 

[Denis]

I am coming up with $28,349.64 and $2670.36 as interest paid.

C'est correct Monsieur Todd; bien fait!