My Business Math (FINA 2321) professor included these two exercises to resolve. It must be missing something because I cannot figure this out. Any ideas on how to resolve this?

AutoSave CH HU Documenti - Word O Scarch (Alti Nikolas tiris NP ca File Home Insert Draw Design Layout References Mailings Review View Help Share Comments Find 21 1 X cut [ Copy Format Painter Calibri (Dody: 11 A A A A BIUX, XA ADA ccpa AaBbccid AaBbc, 1 Normal 1 No Spac... Heading 1 Heading 2 Paste IE Title a Subtitle Dictate Subtle Em.. Replace Select Editor Reuse Files Clipboard Font Editing Voice Edtor Fouse Files L Paragraph Styles ...............2...1.3...1...1..1...5............... 1 2. You are going to purchase an auto for $21,000. You are to place 22% down and finance the balance. The bank will charge you 5% annual interest. If you are to finance the auto for 7 years then what would be your monthly payment? 21000 x 22% - 4620 In this question we have to calculate simple interest or compound interest? 21000 - 1520-15380 51-Pxr xn/100 A-N 1/1001 SI - 16380x 5 x 7/100 - 16380(1-5/100/27 - 28048.30 SI-5733 23048.30/84 - $274.38 _(16380+5733)-22113 22113/84 - $253 25 Page 1 of 1 96 words 09 Accessibility Good to go EL 90% FocusG D 51F Mostly clear Type here to search o (? 4:31 PM 12/9/2021