The Chen family went shopping for a car before the holidays. The salesperson from the dealership gave the Family the information for the car they were interested in buying the list price of the car was $31,525. The special holiday sale discounted the car by 12%. The sales tax rate was 8.875%. In order to buy the car, Mr. Chen had to borrow money from the bank and decided to take out a loan l. He was approved for $30,000 loan to use for the purchase of the car. What is this loan amount cover the final cost of the car.