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Question 3 0/1 point You are buying a car and you are financing the purchase with a loan of $31,700. The loan has 48 months term and requires monthly payments. The loan charges an interest rate of 0.9% every month. What is the total interest payment over the life of the mortgage? Answer: 13,694 x (7.479) 0/1 point Question 4 You are buying a car and you are financing the purchase with a loan of $19.500. The loan has 72 months term and requires monthly payments. The loan charges an interest rate of 0.3% every month. What is the monthly payment? Answer: 1x (302)