Valerie is going to purchase a new car. The car she wants has a list price of $32,495. Valerie is planning to make a down payment of $1,877. Furthermore, she plans to trade in her current car, which is a 2006 Hyundai Sonata in good
condition. She will finance the rest of the cost by making monthly payments over five years. She can finance the cost
at a rate of 8.64%, compounded monthly. She will also have to pay 8.23% sales tax, a $2,243 vehicle registration fee,
and a $314 documentation fee. If the dealer gives Valerie 87.5% of the trade-in price on her car, listed below,
approximately how much will Valerie pay in total for her new car? (Round all dollar values to the nearest cent, and
consider the trade-in to be a reduction in the amount paid.)

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