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Posted on Jul 26, 2024

You decide to purchase a used 2 0 1 6 Honda and take out a $ 1 9 , 0 0 0 loan with a

You decide to purchase a used $2016$ Honda and take out a $ $19, 000$ loan with a $7.5 %$ APR for three years to pay for the car. $(3$ points each $)$

a $.$ Create an amortization table and paste the first five lines in the space below.

b $.$ What is your monthly payment?

c $.$ What is the total amount you paid to the bank over the duration of the loan?

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