Compute the monthly payment and the total amount spent for a vehicle that costs $18.400 if you finance the entire purchase over 5 years at an annual rate of 8.75 percent Calculate the payment if you finance the car for only four years. Finally, calculate the payment for three years. What do you notice about the payment under the different time assumptions? Click on the table icon to view the MIL.PF table ! The monthly payment, PMT, on the 5-year auto loan is 5 (Round to the nearest cont) TTICWUIN. Ullapici U TIITICWUIK re: 0 of 1 pt 2 of 8 (1 complete) HW Sca blem no 2 lainileetal 0 Data Table cent. differ ne mor 6.00% 6.25% 6.50% 6.75% 7.00% 7.25% 7.50% 7.75% 8.00% 8.25% 8.50% 8.75% 9.00% 925% 9.50% 9.75% 10.00% 10.25% 169.60 169.72 169.84 169.96 170.09 170.21 170.33 170.45 170.58 170.70 170 82 170.95 171.07 171.19 86 07 5 8 23 44.32 35.98 30.42 86.18 58.34 44.43 3609 30.54 86.30 | 58.46 44.55 36.20 30.65 86.41 58.57 44.66 36.32 30.76 86.53 58.68 44.77 36 43 30 88 5.64 58.80 44.89 36.55 30.99 86.76 58.9145.00 36.66 31.11 86.87 59.03 45.11 36.77 31 22 86.99 59.14 45.23 36.89 31 34 87.10 59.25 45.343 7.00 31.45 87.22 59.37 45.46 37.12 31.57 87.34 59.4845.57 37.23 31.68 87.45 59.60 45.68 37.35 31.80 87 57 59.71 45 80 37.46 31.92 87 69 59 83 45.91 37.58 32.03 87.80 59.94 46.03 37.7032.15 87.92 60.06 46.14 37.81 3227 88.03 60.17 46 26 37.93 32.38 23.49 23.60 23.71 23.83 23.95 24.06 24.18 24.30 24.41 24.53 24.65 24.77 24.89 25.00 25.12 25 24 25 36 25.48 19.33 16.57 19.45 16.69 19.57 16.81 19.68 16.93 19.80 17.05 1 9.92 17.17 20.04 17.29 20.16 17.41 20.28 17.53 3 20.40 17.66 20.52 17.78 20.64 17.90 20.76 118.03 20.88 18.15 21.00 18.27 21.12 18.40 21.25 18.53 21.3718.65 14.61 13 14 14.73 13.26 14.85 13.39 14.97 13.51 15.09 13.63 15 22 13.76 15.34 13.88 15.46 14.01 15.59 15.59 14.14 15.71 14.26 1 5.84 14.39 15.96 14 52 16.09 14.65 16.22 14.78 16.34 14.91 16 17 15 04 16.60 15.17 16.7315 31 171.44 171.56 171.68 Enter yo Print Done 4 parts