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Use the table to find the monthly payments on the given loan. Time Amount $12,000 Rate 8% 4 years Click the icon to view a

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Use the table to find the monthly payments on the given loan. Time Amount $12,000 Rate 8% 4 years Click the icon to view a table of monthly payments on a $1,000 loan. The monthly payments for this loan are $ (Type an integer or a decimal.) Enter your answer in the answer box x 0 Monthly Payment on a $1,000 loan Number of Years for the Loan 10 3 20 30 Annual Interest Rate $4.77 4% $29.53 $ 10.12 10.61 $22.58 23.03 23.49 $6.06 6,60 5.37 5% 6% 6.00 11.10 7.16 8.36 29.97 30.42 31.34 32.27 33.21 8% 24.41 7.34 12.13 10% 25.36 13.22 8.78 9.65 26.33 12% 14.35 11.01 10.29 Print Done DLL

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