Suppose that you decide to buy a car for $32,635, including taxes and license fees. You saved $9000 for a down payment and can get a five-year car loan at 6.64%. Use PMT= to find the monthly payment and the total interest for the loan. The monthly payment is $ (Round to the nearest cent as needed.) C... [9]

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Suppose that you decide to buy a car for $32,635, including taxes and license fees. You saved $9000 for a down payment and can get a five-year car loan at 6.64%. Use PMT=
to find the monthly payment and the total interest for the loan.
The monthly payment is $
(Round to the nearest cent as needed.)
[9]
Transcribed Image Text:Suppose that you decide to buy a car for $32,635, including taxes and license fees. You saved $9000 for a down payment and can get a five-year car loan at 6.64%. Use PMT= to find the monthly payment and the total interest for the loan. The monthly payment is $ (Round to the nearest cent as needed.) [9]
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