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13 years ago your firm took out a 30-year amortizing loan to purchase a diamond-studded Honda Civic. The loan has a 6.7% APR with monthly

  1. 13 years ago your firm took out a 30-year amortizing loan to purchase a diamond-studded Honda Civic. The loan has a 6.7% APR with monthly payments of $7,512.17.
    1. How much do you owe on the loan today?
    2. How much interest did the firm pay on the loan in the past year?
    3. What was the original value of the loan?

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