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Suppose that you decide to buy a car for style=”color:rgb(0,0,0);background-color:transparent;”>​$30,635​, including taxes and license fees. You saved $7000 for a down payment and can get a four​-year car loan at 5.17​%. Find the monthly payment and the total interest for the amortized loan.

Suppose that you decide to buy a car for 

style=”color:rgb(0,0,0);background-color:transparent;”>​$30,635​, including taxes and license fees. You saved $7000 for a down payment and can get a four​-year car loan at 5.17​%. Find the monthly payment and the total interest for the amortized loan.

 
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