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8 . Given the same information in # 7 , Mr Jones decides that the terms result in a payment that he cannot afford. What

$8 .$ Given the same information in # $7,$ Mr Jones decides that the terms result in a payment that he cannot afford. What will be the payment amount if he finances over a $5$ year period instead of $4$ years, using the same interest rate and purchase price of the car?

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8 . Given the same information in # 7 , Mr Jones decides that the terms result in a payment that he cannot afford. What

8. Given the same information in #7, Mr Jones decides that the terms result in a payment that he cannot afford. What will be the payment amount if he finances over a 5 year period instead of 4 years, using the same interest rate and purchase price of the car?

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$8 .$ Given the same information in # $7,$ Mr Jones decides that the terms result in a payment that he cannot afford. What will be the payment amount if he finances over a $5$ year period instead of $4$ years, using the same interest rate and purchase price of the car?