Part 1 of 2 Points: 0 of 1 Save Wilfredo bought a new boat for $13,300. He paid $2,500 for the down payment and financed the rest for 4 years at an annual interest rate of 8%. Use the table to find the monthly payment for the amortized loan. Find the fotal Interest paid on the loan Click the icon to view a table of monthly payments on a $1.000 loan Number of Years for the Loan Annual Interest Rate 3 4 10 20 30 49 $29.53 $22.58 23.03 29.97 5% 6% $6.06 6.60 7.16 30.42 $10.12 10.61 11.10 12.13 13.22 23.49 $4.77 5.37 6.00 7.34 8.78 8% 31.34 8.36 9.65 10% 12% 24.41 25.36 26.33 32.27 33.21 14.35 11.01 10.29