113 114 115 116 117 118 119 120 9. Upon graduation and employment, you wish to purchase a new car with financing from a financial institution. You will need a loan of S35,000 repayable in 48 monthly payments at an annual interest rate of 8%. Determine the level of the monthly payments, and set up a mortgage table in 122 which you determine the repayments of principal and interest 121 123 125 120 127