P Chapter 5 Test Question 4 of 9 Fritz Benjamin buys a car costing $12500. He agrees to make payments at the end of each monthly period for 7 years. He pays 10.8% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay. This test: 45 point(s) poss'b This question: 6 polnt(s) p0 Fritz's monthly payment is SD. , (Round to the nearest cent.) Fritz will pay a total of$D In , (Round to the nearest cent.)