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E-Loan, an online lending service, recently offered 36-month auto loans at 5.7% compounded monthly to applicants with good credit ratings. If you have a good

E-Loan, an online lending service, recently offered 36-month auto loans at 5.7% compounded monthly to applicants with good credit ratings. If you have a good credit rating and can afford monthly payments of $591, how much can you borrow from E-Loan? What is the total interest you will pay for this loan?

You can borrow. (Round to two decimal places.)

Part 2

You will pay a total of iin interest.(Round to two decimal places.)

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