36 2.5 points Frank is buying a car and borrows $10,000 from his bank. If the loan is 6% for 48 months and his monthly payment is $234.85, how much total interest will he pay over the life of the loan? $10,000 $11,273 $1,273 $2,400 37 2.5 points You want to receive end-of-year payments of $20,000 for the next 10 years. If you can earn 6% on your funds, how much should you deposit in your account today? 147,202 35,817 11,168 212,000 24

2.5 points Frank is buying a car and borrows $10,000 from his bank. If the loan is 6% for 48 months and his monthly payment is $234.85, how much total interest will he pay over the life of the loan? $10,000 $11,273 $1,273 $2,400 2.5 points You want to receive end - of-year payments of $20,000 for the next 10 years, If you can earn 6% on your funds, how much should you deposit in your account today? 147.202 35.817 11,168 212.000