I buy a second-hand car for $15,995. The firm offers a nominal finance rate of 9.5% per annum and requires no deposit and 24 equal monthly repayments.

(a) How much would I pay each month?

(b) How much would I owe the finance company immediately after the 18th payment?

(c) How much of the first payment is interest?

(d) How much of the 19th payment is interest?

Use formulae not table. Many thanks