You plan on purchasing a car in the next year. the car that you are interested in lists for $23,000 after taxes, license, and doc fees. you currently have two-thirds of the vehicles value saved and you get paid $1,312.00 twice a month. given that monthly expenses total $1,150.12, social security is 6.2% of your income, medicare is 1.45% of your income, and you pay state and federal taxes in the amount of $53.00 and $101.35, respectively, twice a month, determine in how many months you will have to save for so that you can purchase the car without financing?
a. $108.50 b. $110.25 c. $100.32 d. $105.80