You have finally purchased a new car for $$15,000.$ You take out a $3-$ year loan at $5\%$ interest. Your payments are $$\frac{449}{?}$ month.

Complete the information on the loan amount, interest rate, months, and payments. Format as indicated.

Fill in the amortization schedule below. Note: The remaining balance may not be zero.

What is your remaining balance after paying for one year? $(1$ pt$)$

Loan amount $($$$)$:

Interest rate $(\%)$:

Months $($whole #$)$:

Payments $($$$)$: