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please round to nearest cent. To purchase a car, Sarah took out a 60 -month loan for $33,500 with a 8% annual interest rate. After
please round to nearest cent.
To purchase a car, Sarah took out a 60 -month loan for $33,500 with a 8% annual interest rate. After making 47 payments, Sarah received a bonus from work and plans to use it to pay off the remaining balance. Calculate Sarah's monthly payment and the amount needed to pay off her loan. Sarah's monthly payment is (Round to the nearest cent.) The amount needed to pay off this loan with payments remaining is (Round to the nearest cent.)Step by Step Solution
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