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B $25.000 6% 12 1 Amount financed 2 Annual interest rate 3 Payments per year 4 Number of years 5 6 Monthly payment 7 Total

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B $25.000 6% 12 1 Amount financed 2 Annual interest rate 3 Payments per year 4 Number of years 5 6 Monthly payment 7 Total interest paid $587.13 $3,182.03 Which formula in cell B6 correctly calculates the monthly car payment on a $25,000, 6%, 4-year car loan as $587.13? Multiple Choice =PMT(B2/B3,B4-B3,B1) --PMT(B2/B3,B4-B3,B1) --PMT(B2B3,B4B3,B1) --PMT(B2/B3,B4/B3,B1)

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