For a $32K, 5 year 5.40% loan with monthly payments, how much will you pay in interest over the life of the loan?

You pay $42,000 for a car and want to estimate your first years of costs. If the loan amount is $37,000, the term is 48 months and the APR is 4%, what is your loan payment? If you drive 13,000 miles/year and the car gets 28 miles/gallon, how much will you spend on gasoline a year if the gas cost $3.25 a gallon?

Given the following information, what is the total cost of ownership for the first year?

-depreciation 1st year $8400

-auto insurance $1200

-Registration and lic $200

-sales tax 5% of sales price

-regular oil changes $200