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For Questions 16-17. You borrowed 20,000 from a local credit union to buy a car. You promised to pay this loan in 5 years, Suppose

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For Questions 16-17. You borrowed 20,000 from a local credit union to buy a car. You promised to pay this loan in 5 years, Suppose 3 years into your loan you have decided to sell the car for 10,000 . When you sell the car, you need to pay the remaining balance on your car. The APR on your loan is 6.75% compounded monthly. How much money you owe to bank? \$8.814.94 $8,364.75 $8,74566 QUESTION 17 How much cash you will have atter paying your bank hoan $1210 $1456 $1185

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