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PPlease complete both parts 4. (5 points) After graduation you decide to buy your first car. You decide you want to get a Kia because
PPlease complete both parts
4. (5 points) After graduation you decide to buy your first car. You decide you want to get a Kia because it has a 10 year/100,000 mile warranty. You buy a 2020 Kia Sorrento EX for $35,000 and finance the vehicle through Indiana University Credit Union (IUCU). Today's new car loans are 4.29% APR. a. (2 points) If you finance this car for 66 months, what is your monthly payment? b. (3 points) Create an amortization table showing monthly payment, monthly interest and monthly principle paid. You only need to do the first 12 months of this table. After the first year (12 months), how much interest have you paidStep by Step Solution
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