Question 1 Attempt due Sen XYZ Construction Inc. wants to purchase a new pick-up truck. The price for the new truck is $41,370. The dealer allows XYZ to trade-in the old truck for $7,070.XYZ can payback the remaining balance through a 4 -year payment plan. Given the agreed interest rate is 3% : How much is the monthly payment? Question 2 2 pts If XYZ can only pay $816 monthly, and the dealer does not accept trade-in, given 3% interest rate, how much of the new pick-up truck can XYZ afford? Question 1 Attempt due Sen XYZ Construction Inc. wants to purchase a new pick-up truck. The price for the new truck is $41,370. The dealer allows XYZ to trade-in the old truck for $7,070.XYZ can payback the remaining balance through a 4 -year payment plan. Given the agreed interest rate is 3% : How much is the monthly payment? Question 2 2 pts If XYZ can only pay $816 monthly, and the dealer does not accept trade-in, given 3% interest rate, how much of the new pick-up truck can XYZ afford