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1 3 . I want to buy a car. I pay $ 5 0 6 per month for five years. The quoted APR is 6

13.I want to buy a car. I pay $506 per month for five years. The quoted APR is 6.9%.
How much did I pay for the car?
512=60 months 6.9%12=0.5750% per month
506
14.If the best offer was $548 per month from the dealership, how much did they want for the car?
15. What is the balance on the loan after 212 years, if I made every $506 payment on time?
16. How much of payment 2 is interest? How much goes to principal?
17.If I make payments of $580 per month, how long will it take me to pay off the loan?
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