College Mathematics-Comprehensive Common Final Show all work. Simplify & label all answers. Round only as indicated. FALL 2020 7. A new car is to be purchased at a price of $32,500. The dealership is offering a 2.75% APR for the time period of the loan. a. Calculate the number of months needed to pay off the entire loan if you are able to pay $350 per month. Round appropriately. Fill in the missing values as they are entered into the finance app on the calculator to receive credit. PV = PMT= FV P/Y b. What would the monthly payment be if the loan is for 6 years? Describe how the answer was found