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You see a used sporty car that you would like to own. It costs $9,000 and you would pay 7.2% interest, compounded monthly and finance

You see a used sporty car that you would like to own. It costs $9,000 and you would pay 7.2% interest, compounded monthly and finance for 3 years. How much will you loan balance be after the first payment?
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You see a used sporty car that you would like to own. It costs $9,000 and you would pay 7.2% interest, compounded monthly and finance for 3 years. How much will you loan balance be after the first payment

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