You saw an online add for a 2017 Honda Accord with a MSRP of $35, 200. You negotiate with the salesman and settled on a selling price of $32, 830 plus South Carolina sales tax ($300 for all cars). You also have to make a down payment of at least 7%. You go to the finance officer and get a loan at 3.59% interest for five years. How much money do you have to finance (Loan amount)? What is your monthly payment? How much are your total payment over these seven years? How much interest would you pay over these seven years? You decide to make a 10% down payment and only want to finance the car above for four years. How much money do you have to finance (Loan amount)? What is your monthly payment? How much are your total payment over these four years? How much interest would you pay over these four years? Cars usually depreciate by 10% each year. How much is your new car when you have it paid off in: three years? five years