and I have to do this with PMT formula

1B) Find a car that you want to buy. Find a savings account option and compare it to a loan option to purchase this car. Calculate the following A) Monthly payment amount for loan. Use the Savings/Loan Calculator on MUOnline to calculate this value. Label the variables clearly and use the appropriate tab for the calculator (B) Monthly deposit for savings account. Use the Savings/Loan Calculator on MUOnline to determine how much you can pay and how long it will take you to save this amount. Compare the total cost of each option. Use units to calculate the total cost of the loan for comparison (D) What would your income need to be to afford this car? The typical American family spends about 15% of the yearly income on Transportation, 1B) Find a car that you want to buy. Find a savings account option and compare it to a loan option to purchase this car. Calculate the following A) Monthly payment amount for loan. Use the Savings/Loan Calculator on MUOnline to calculate this value. Label the variables clearly and use the appropriate tab for the calculator (B) Monthly deposit for savings account. Use the Savings/Loan Calculator on MUOnline to determine how much you can pay and how long it will take you to save this amount. Compare the total cost of each option. Use units to calculate the total cost of the loan for comparison (D) What would your income need to be to afford this car? The typical American family spends about 15% of the yearly income on Transportation