Question: 2. (-/6 Points) DETAILS JMODD8 5.4.007.CMI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Wade Ells buys a new car for $16,621.53. He puts 10% down

2. (-/6 Points) DETAILS JMODD8 5.4.007.CMI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Wade Ells buys a new car for $16,621.53. He puts 10% down and obtains a simple interest amortized loan for the rest at 11Interest for four years. (Round your answers to the nearest cent.) (a) Find his monthly payment (b) Find the total interest $ (c) Prepare an amortization schedule for the first two months of the loan. Payment Principal Interest Total Number Portion Portion Payment Balance 0 $ 1 $ $ $ $ 2 $ $ $ $

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