The price of a new car is 320,000. Assume that an individual makes a down payment of 25% toward the purchase of the car and securestnancing for the balance at the rate or savear compounded monthly and your answers to the nearest cent) (a) What monthly payment will the be required to make it the car is franced over a period of 24 months? Over a period of 36 month? 24 months 0903 X 36 months (0) What will the Interest charges beir she lects the 2-month plan? The 36 month 1157 36 month a222 x