Question

Use a calculator for this exercise.
style=”color:rgb(0,0,0);”>Suppose you purchase a car for a total price of $38,175, including taxes and license fee, and finance that amount for 4 years at an annual interest rate of 6%. (Round your answers to the nearest cent.)(a) Find the monthly payment.$  
(b) What is the total amount of interest paid over the term of the loan?

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