In order to buy a car, you borrow $$28,500$ from a friend at $15\frac{\%}{?}$ year compounded monthly for $4$ years. You plan to repay the loan with

$48$ equal monthly payments.

Part a

Your answer is correct.

How much are the monthly payments? $$|$ per month

Round entry to two decimal places. The tolerance is $+-1.$

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Part b

Your answer is correct.

How much interest is in the $23$rd payment? $

Round entry to two decimal places. The tolerance is $+-10.$

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Part c

Your answer is correct.

What is the remaining balance after the $37$th payment? $$8104\mathrm{.}53$

Round entry to two decimal places. The tolerance is $+-10.$

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Attempts: $1$ of $3$ used

Part d

Your answer is incorrect.

$3$&$\frac{1}{2}$ years after borrowing the money, you decide to pay off the loan. You have not yet made the payment due at that time.

What is the payoff amount for the loan?

Round entry to two decimal places. The tolerance is $+-10.$

Just need Part D