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A car is purchased for $21700. The owner pays $4340.00 down and amortizes the remaining debt over 3 years at 7.25% compounded monthly. a. Find

A car is purchased for $21700. The owner pays $4340.00 down and amortizes the remaining debt over 3 years at 7.25% compounded monthly. a. Find the size of the monthly payments rounded up to the next cent. $ b. How much of the 24th payment goes to interest? $ c. How much of the 24th payment goes to principal? $ d. What is the owner's equity just after the 24th payment?

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