A sailboat costs 22,620. you pay 5% down and amortize the rest with equal monthly payments over 10 years. 6.9% compounded monthly. what is monthly payment? how much interest will you pay?

A salbest costs $22.620 You pays down and amortize the rest with equd monthly paymatto over a toyow pernod you must pay 68% compounded moreny what is your monthly payment? How much interest will you pay? Monthly payments Round to two deci wo decimal places)