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Car Loan Amortization Complete the loan amortization schedule for a car loan that will be repaid over 60 months and answer the following questions (The

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Car Loan Amortization Complete the loan amortization schedule for a car loan that will be repaid over 60 months and answer the following questions (The details about the loan are shown below): Correct Answers 1. What is your monthly payment? 2. What is the total amount of payments made over the life of the loan Enter Answers Here. Payment Beginning Balance Payment Amount Interest Paid No. Principle Paid Ending Balance Loan Input Data Principal Amount Annual Interest Rate Periods Per Year Total Number of Payments Percentage Rate Per Period Amount $49,000.00 7.90% 12 60 1 2 3 4 S Grade Car Loan 6 7 8 9 10 1 12 Car Loan Score Total Score 0.00 FEEDBACK 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 461 47 48 49 50 51 52 53 54 55 56 57 58 59 60 1) Round your answers to the nearest cent. 2) You may have a small amount of payment left over in the amortization table due to rounding errors. This is normal

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