Christina bought a new car for $37,000. She paid a 10% down payment and financed the remaining balance for 60 months with an APR of 5.5 %. Assuming she makes monthly payments, determine the total interest Christina pays over the life of the loan. Round your answer to the nearest cent, if necessary. Formulas Answer How to enter your answer (opens in new window) 2 Points Keypad Keyboard Shortcuts Christina bought a new car for $37,000. She paid a 10% down payment and financed the remaining balance for 60 months with an APR of 5.5%. Assumi cent. if neces Number of Fixed Payments Required to Pay Off Credit Card Debt rmula log n R= -- 1081 - (PM) log(1+) Answer eypac hortcu Monthly Payment Formula for Fixed Installment Loans PMT = (P..) [-(1+) n Maximum Purchase Price -nt [-(1+")" maximum purchase price = PMT