Suppose you would like to purchase a new mustang GT$.$ The sticker price of the mustang you want is $$41675.$ The dealer is able to give you an APR of $4\mathrm{.}85\%$ for $4$ years. How much will your monthly payments be$?$ How much will you have paid in interest once the loan is paid off? $($Use the unrounded payment.$)$

Answer rating: 100% (QA)

To calculate the monthly payments and the total interest paid for the Mustang GT purchase well use t... View the full answer