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Rajesh would like to buy his first car and the one he has his eye on is $25,000, plus an extra 13% HST for a
Rajesh would like to buy his first car and the one he has his eye on is $25,000, plus an extra 13% HST for a total price of $28,250. The dealership has a deal for $0 down payment and charges 2.99% interest, compounded monthly, on the loan. Rajesh plans to make car loan payments weekly and has accepted the maximum loan repayment period of 8 years. How much will his weekly care loan payment be? [Blank-1] How much will he have paid to the dealership by the time his loan is paid off? [Blank-2] How much interest will be paid? [Blank-3] *note: express answers rounded to the nearest dollar
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