Question: ( 1 0 ) A car loan with monthly level payments has an interest rate of 9 % , convertible monthly. The outstanding loan balances

(10) A car loan with monthly level payments has an interest rate of 9%, convertible monthly. The outstanding loan balances immediately after the 12th and 13th payments are 8,608.11 and 8,398.93, respectively. To the nearest dollar, what will the outstanding loan balance be after the 15 th payment?
please show formulas and answer carefully
(10) A car loan with monthly level payments has an interest

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