You are planning to buy a car, and you have $3,000 saved for a down payment. The car dealer is offering 2% loans if you put down 10%. The term of the loan (months) is equal to your current height in inches. Example, 5 feet tall = 60 month loan ...

1. What is the most you can borrow?
2. What will your monthly payment be?
3. How much principal will you still owe after 2 years?