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Calculate the monthly payment by table lookup and formula, (Answers will not be exact due to rounding of percents in table lookup.) (Use 15.5% for
Calculate the monthly payment by table lookup and formula, (Answers will not be exact due to rounding of percents in table lookup.) (Use 15.5% for table lookup.) (Use the loan amortization table.) (Round your answers to the nearest cent.) Purchase price of a used car $4,415 Down payment $85 Number of monthly paymento 60 Amount financed $4,330 Total of monthly paymento $6,164.00 Total finance charge $1,834.00 APR 15.59 Monthly Payment By table By formula
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