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P Suppose that you borrow $12,000 for five years at 8% toward the purchase of a car. Use PMT=- to find the monthly payments and

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P Suppose that you borrow $12,000 for five years at 8% toward the purchase of a car. Use PMT=- to find the monthly payments and the total interest - (--(0) 1 for the loan The monthly payment is su (Do not round until the final answer. Then round to the nearest contas needed) The total interest for the loan in $ (Use the answer from pan(a) to find this answer Round to the nearest cont as needed.) . ng

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