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(5) You decide finance a $12,000 car at 3% compounded monthly for 4 years. Your monthly payments will be $265.11. Fill out the first four
(5) You decide finance a $12,000 car at 3% compounded monthly for 4 years. Your monthly payments will be $265.11. Fill out the first four lines of the amortization schedule for the loan below: Payment Number Interest Interest Principal Principal Remaining Balance 0 0 12,000 1 2 3 4 (6) Jingjing invests $8,117 in an account earning 1.13% simple interest. How long will it take for the account to grow to $10,000 assuming she does not make any deposits to or withdrawals from the account
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