Suppose that you borrow $15,000 for five years at 8% toward the purchase of a car. Use PA [-] PMT= to find the monthly p
Posted: Thu Jun 30, 2022 7:35 pm
Suppose that you borrow $15,000 for five years at 8% toward the purchase of a car. Use PA [-] PMT= to find the monthly payments and the total interest for the loan. The monthly payment is $ (Do not round until the final answer. Then round to the nearest cent as needed.). The total interest for the loan is $ (Use the answer from part (a) to find this answer Round to the nearest cent as needed.)