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Answer/Step-by-step explanation:
Whether you're paying cash, leasing, or financing a car, your upper spending limit really shouldn't be a penny more than 35% of your gross annual income. For Example: $36,000 a year, the car price shouldn't exceed $12,600. Make $60,000, and the car price should fall below $21,000.
Hence, $11,656 x 35% =4079.60
Answer = 4079.6
