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12. You decide to purchase a new truck for that has a sales price of $32,750. Tax, title, license, and other fees total $2,620. Combining

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12. You decide to purchase a new truck for that has a sales price of $32,750. Tax, title, license, and other fees total $2,620. Combining the sales price of $32,750 with the tax, title, license and other fees (commonly referred to as "TTL" for tax, title, and license) of $2,620 totals $35,370. You place a down payment of $5,000 and finance the balance of $30,370 for 7 years at 3.75% APR with bi-monthly payments (that is, you will make payments every two weeks, or 26 payments per year, which amounts to a total of 182 payments) Calculate your bi-monthly payment under this scenario

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