You want to buy a new car for $16,500. You have no cash - only your old car which is worth $3000 as a trade-in. You will get a loan on the remaining balance The loan is a simple interest loan for 3 years at 9%. Find the monthly payment. ..=prt A=P+1 A = P(1 + 3) **1 = A-P . Do not round until the end. Round to the nearest cent. . Do not label the