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Nona purchased a new car earlier today for $ 2 5 , 0 0 0 . She financed the entire amount with a six -
Nona purchased a new car earlier today for $ She financed the entire amount with a sixyear loan that has a percent interest rate compounded monthly
a Compute the monthly payments for the loan. Do not round intermediate calculations. Round your answer to the nearest cent. Enter your answer as a positive value.
$
b How much will Nona owe on the loan after she makes payments for years ie after payments Do not round intermediate calculations. Round your answer to the nearest cent. Enter your answer as a positive value.
$
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