Monthly loen payments Personal Finance Problems Tim Seith is shopping for a used koury car will financa the balance of the price at a 7% annual rate over 3 years (6 months) (Het Use har $25,000 The dealer has folt This t come up with a down payment of $200. the Assuming that Tim accepes the dealer's offer, what will his monthly (end of month) payment amount be b. Use a financial calculator or spreadsheet to help you figure out what Tim's monthly payment would be the deer were willing to finance the balance of the car price at an annual of 31% a. Tin's monthly (end-of-month) payment amount is Round to the nearest cent)