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QUESTION 17 1 points Save Answer A woman buys a car for $45,000. If the interest rate on the loan is 10%, compounded monthly, and

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QUESTION 17 1 points Save Answer A woman buys a car for $45,000. If the interest rate on the loan is 10%, compounded monthly, and if she wants to make monthly payments of $800 for 4 years, how much must she have for a down payment? Round your answer to the nearest dollar. O a $24,561 O b $21,445 O c. $11,175 O d. $18,784 O e $13,457 1 points Save Answer QUESTION 18 sinking fund is established to discharge a debt of s70,000 in 8 years. If deposits are made at the end of each 6-month period and interest is paid at the annual rate of 6%, compounded semiannually, what is the amount of each deposit? your answer to the nearest cent. O a. $806.23 O b $1,308.65

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