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B) what was the amount of interest charged? Question 3 Part 1 of 2 Julian purchased a car for $55,600; he paid 5% of the

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B) what was the amount of interest charged?

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Question 3 Part 1 of 2 Julian purchased a car for $55,600; he paid 5% of the cost as a down payment and financed the balance amount at 3.3% compounded quarterly for 5.5 years. a) What is the size of payment made at the end of every three months to settle the loan? $ 2635.25 Part 2 of 2 b) What was the amount of interest charged? $

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