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Use excel To purchase a car, you take out a 5 - year auto loan with monthly payments. The total purchase price of the car

Use excel
To purchase a car, you take out a 5-year auto loan with monthly payments. The total purchase price of the car is $37,500, and the down payment equals $5,000. The annual interest rate (APR) is 6.0%.
A. What is the monthly payment required by this auto loan? (3 Points)
B. How much of each month's payment goes to paying interest and how much to reducing the principal balance? (5 Points)
C. What is the total amount of interest you pay over the life of the auto loan? (2 Points)
D. Create a Data Table to examine the monthly payment under various annual interest rates. (5 Points)
\table[[Annual Interest Rate,5.0%,5.5%,6%,6.5%,7.0%
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