time calculation 2 t = 8 months = 3 yr I = 100 0.06 0.667 4 ecurues Navr 365 200 9800 ge (0.0 (~2) A = P (P + ) nt A=3000 (+ + 003) 4.5 = 36 h-inter r= 0.03 += 5 h = 4 is t The interest earned 3483.54-3000 = 483.54 A (5)=3000 (1) 11000 - TERR QUESTION 2. Vanessa will finance a 2020 Toyota Camry for $31,285. She pays 10% down and finances the rest. She uses a 4-year loan with an annual interest rate of 3.9%. How much interest will Vanessa end up paying when she pays off this loan in 4 years