Michael has been dreaming of purchasing his own car. He is interested in purchasing a $15,000 vehicle.The lender he is considering using has told him that they expect 15% of the purchase price paid up front as a dwn payment. How much does Michael need to save for the down payment? Michael would like to purchase the car in 12 months. How much must he save each month to have the cash available for the down payment? What will Michael's monthly payment be if he plans on paying off the car in 4 years