franklins new snowmobile cost $16000. after his down payment of 2000 he financed the remainder at 8% for 4 years. use the table to find the monthly payment four the amortized loan. find the total intrest paid on the loan

........ Monthly payment on a $1,000 loan Number of Years for the Loan Annual Interest Rate 3 4 10 20 30 4% $29.53 $22.58 $10.12 $6.06 $4.77 5% 29.97 23.03 10.61 6.60 5.37 6% 30.42 23.49 11.10 7.16 6.00 7.34 8% 31.34 24.41 8.36 12.13 13.22 10% 32.27 25.36 9.65 8.78 12% 33.21 26.33 14.35 11.01 10.29