Meme 1. You have just landed a new job with a starting salary of $80,000 perc mandatory annual three percent increment. You have been puttin of each month into an account that is pavine 12 percent per year. This your down payment towards the purchase of new BMW exactly the your first pay check. The car will cost $60.000 Your Credit Union has you for the car purchase at an interest rate of 24 percent per year Luckily, four months into the loan period your mother offers to pay 580,000 per year and a at per year. This will become etly three years from mion has pre-approved How much will your total down payment be? h. How much is the Credit Union financing c. What is your monthly payment? d. What is the payoff mount based on your mother's benevolence 4:51