How would we solve this if the price of this car is $21,000?

1. Let's Buy a Car When a vehicle is purchased and financed through a car dealership, a simple interest contrac typically offered to finance the balance. Find an automobile you would like to purchase and include a printout of the vehicle, along with the advertised price. For this, I have set a maximum of $50,000. 1.) What vehicle did you choose? Year 2020 Make Toyota Model Corolla What is the price of your vehicle? $21,000 2.) To cover taxes, licensing and document fees, add 10% to the price. What is the new amoun 3.) Choose an amount that you would pay as a down payment. A down payment is applied to amount to lower the amount borrowed. What is your down payment (no more than half the 4.) How much money will you be financing? 5.) Use the following numbers to calculate your monthly car payment with Excel. Simple interest contract. Time = 5 years (60 months) Rate = 4.5% Simple Interest Show all of your work on Excel (follow directions there). Monthly car payment