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Can you solve parts E through G please? Thank you! 12. Susie takes out a car loan for $9,230 for a term of 3 years
Can you solve parts E through G please? Thank you!
12. Susie takes out a car loan for $9,230 for a term of 3 years at 12% interest compounded monthly. Complete parts (a) through (g). (a) Find Susie's monthly payment. Her monthly payment is $ (Round to the nearest cent as needed.) (b) Find the total amount she pays for the car. The total amount that she pays for the car is s (Round to the nearest cent as needed.) (c) Find the total amount of interest she pays. She will pay a total of $1 in interest. (Round to the nearest cent as needed.) (d) Find the amount she still owes after 1 year. She owes $ after 1 year. (Round to the nearest cent as needed.) (e) Find the amount she still owes after 2 years. She owes $ after 2 years. (Round to the nearest cent as needed.) (f) Find the total interest she pays in year 2. She pays $ interest in year 2. (Round to the nearest cent as needed.) (9) Prepare the amortization schedule for the first 4 months. Payment Amount Interest Applied to Principle Unpaid Balance 1 2 An A $ 3 $ $ A A A 4 $ (Round to the nearest cent as needed.)Step by Step Solution
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