Question $11$

$3$ pts

Yesenia purchased a car for $$20,989.$ She obtained a $5$ year term loan at an interest rate of $4\%.$ She is making a monthly payment of $$398.$

Using the following balance function to calculate the balance owed after the month $41$ payment.

Round your answer to the nearest penny. Only input the number. Do not input the dollar sign. Use a comma. Example: $4,536\mathrm{.}21$

$B(t)=B_0*(1+\frac{r}{12}{)}^{12*t}-M*(\frac{(1+\frac{r}{12}{)}^{12*t}-1}{(\frac{r}{12})})$