sarah negotiated a price of 25,300.00 for a new toyota camry hybrid sedan. she is prepared to give a down payment of 16% her credit union offered her a 4 year amortized loan for the remaining amount at a rate of 1.6%.

How much money will be paid in interest?

What will the monthly payment be?

How much will the car cost, in total?

If she got a simple interest loan at the same interest rate and time, how much would she pay in interest?