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Part a is correct but for part b i put 89.89 and it was incorrect to use Excel if noeded. If you want, you may

Part a is correct but for part b i put 89.89 and it was incorrect
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to use Excel if noeded. If you want, you may use the above spreadsheet for your computations. It does not have copy and paste feature, just type, and calculate. Question 1 Rotaken 6/12 points On May 1st, Alpha Company purchased a truck for $24,000 plus 8% sales taxes. Paid $2,000 in cash as down payment and signed a 5% note for remaining that requires 10 payments at the end of each month for ten months. a. Compute the amount of monthly payment (box 1) Example of Answer: 875.20 Two decimal points. No comma, space, or $ sign. 2447.16 b. Total amount of interest paid on purchase of this equipment (box 2) Example of Answer: 875.20 Two decimal points. No comma, space, or $ sign

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