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Calculate the monthly payment by table lookup and formula. (Answers will not be the same due to rounding of percents in table lookup). ( Use
Calculate the monthly payment by table lookup and formula. (Answers will not be the same due to rounding of percents in table lookup). ( Use 13% for table lookup.) (Use the loan amortization table). (Round your answers to the nearest cent.): Purchase price of a used car: 5,793, Down payment: $1,283, Number of monthly payments: 48, Amount financed: 4,510, Total of monthly payments: 5,849.76, Total finance charge: 1, 339.76, APR: 13%
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