Jessica purchases a $2013$ Toyota RAV$-4$ for $$23,300\mathrm{.}00.$ The Toyota Finance Company offers her a $6-$year loan at $2\frac{1}{4}\%$ simple interest as long as she can make down payment of at least $$3,400\mathrm{.}00.$ Jessica has money saved and wants to have lower monthly payments, so she actually pays $$6,000\mathrm{.}00$ down.

What will her monthly payments be$?$

How much, in total, will she spend on her RAV$-4,$ including the down payment?

If she had only made the minimum down payment of $$3,400\mathrm{.}00,$ what would her monthly payments have been?

What would her car have cost with the lower down payment? Again, add in your down payment.

Total cost

$

How much did she save by making the larger down payment?

Savings