11. Car Loan D Bookmark this page Exercises due Aug 10, 202218:00 +03 Car loan exercise 1 point possible [graded] These exercises require the use of a calculator. Suppose that you take out a $15,000 loan to purchase a car. The loan has an interest rate of 3% per year, compounded monthly. The formula for the amount of interest accrued over a time period T measured in number of months is .03 T A=15,000 \"5 15,000. Use a quadratic approximation to approximate the amount of interest accrued over 4 years. (Enter answer to 2 decimal places.) Magnitude of linear term 1 point possible (graded) What is the order of magnitude of the linear term? (Enter your answer as a power of 10; e.g. 10/6 for 106.) Submit You have used 0 of 3 attempts Save Magnitude of quadratic term 1 point possible (graded) What is the order of magnitude of the quadratic term? (Enter your answer as a power of 10; e.g. 10/\\6 for 106.) Submit You have used 0 of 3 attempts SaveError term 3 points possible [graded] The error in this approximation is 0 (3:3). Find the order of magnitude of m3 for the value of m in this approximation, that is, form: . (Enter your answer as a power of 'IO; e.g. 10A6 for 106.) Order of magnitude of (LX400); Use a calculator to compute the exact error term in the quadratic approximation. (Enter as a decimal number to 2 decimal places.) What is the absolute value of the error? Use the error to identify the order of magnitude of 1: since the error is known to be 39:33 {where :r: = 1/400). (Enter your answer as a power of 'IO; e.g. 10A6 for 106.) Order of magnitude of k