Homework: chapter 8 Score: 0 of 1 pt 3 of 16 (3 complete) X Problem P8-1 (similar to) Determine the total first year cost of car ownership for Milagros. She just purchased a vehicle valued for $21.550 with the following costs: Auto Loan Amount, $21,550; Duration, 4 years: APR, 7.00 percent Property Taxos 1.76 percent of vehicle value/year Sales Taxes : 1.55 percent of the sales price Title and Tags $29.16/year Insurance $2.369.61/year Maintenance and Usage : $1,289.87/year Click on the table icon to view the MILPF table The first-year cost of ownership for a vehicle valued and purchased for $21,550 is $ 10,59443 (Round to the nearest cent) Problem P8-6 (similar to) Question Help Calculate how much money a prospective homeowner would need for closing costs on a house that costs $89,600. Calculate based on a 19 percent down payment, 2.1 dincount points on the loan, a 14 point origination fee and $790 in other fees. The closing costs would be $(Round to the nearest dollar)