Question $5$

You borrow US $$10,000$ to buy a vehicle. Compute the monthly payment and the total interest paid for a $4-$year loan at $7\%$ per year.

Question $6$

Use the $20233$ marginal tax rates in the table to compute the tax owed by a person with the following status: single with a taxable income of $$63,000.$

$\backslash$table$[[2024$ Federal Tax Brackets$],[$Tax Bracket$/$Rate$,$Single,Married Filing Jointly,Head of Household,$],[10\%,$$$0-$$$11,600,$$$0-$$$23,200,$$$0-$$$16,550,],[12\%,$$$11,601-$$$47,150,$$$23,201-$$$94,300,$$$16,551-$$$63,100,],[22\%,$$$47,151-$$$100,525,$$$94,301-$$$201,050,$$$63,101-$$$100,500,],[24\%,$$$100,526-$$$191,950,$$$201,051-$$$383,900,$$$100,501-$$$191,950,],[32\%,$$$191,951-$$$243,725,$$$383,901-$$$487,450,$$$191,951-$$$243,700,],[35\%,$$$243,726-$$$609,350,$$$487,451-$$$731,200,$$$243,701-$$$609,350,],[37\%,$$$609,351+,$$$731,201+,$$$609,351+,]]$